CFTC Orders Tennessee-based Commodity Pool Operator Hope Advisors LLC to Pay a $100,000 Civil Monetary Penalty for Registration and Reporting Violations Commodity pool fraud

CFTC release 7153-15 · 2015-04-16 · view on cftc.gov ↗

Key facts

Release number: 7153-15
Release date: 2015-04-16
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7153-15

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.