CFTC Obtains Judgment against Commodity Pool Operators TOTE Fund LLC and MJS Capital Management LLC, and their Principal, Michael J. Siegel, for Commodity Pool Fraud and Other Violations Fraud

CFTC release 7102-15 · 2015-01-15 · view on cftc.gov ↗

Key facts

Release number: 7102-15
Release date: 2015-01-15
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7102-15

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.