Federal Court Orders Royal Bank of Canada to Pay $35 Million Penalty for Illegal Wash Sales, Fictitious Sales, and Noncompetitive Transactions Other enforcement

CFTC release 7086-14 · 2014-12-19 · view on cftc.gov ↗

Key facts

Release number: 7086-14
Release date: 2014-12-19
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7086-14

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.