CFTC Charges United Arab Emirates Residents Heet Khara and Nasim Salim with Spoofing in the Gold and Silver Futures Markets Spoofing

CFTC release 7171-15 · 2015-05-06 · view on cftc.gov ↗

Key facts

Release number
7171-15
Release date
2015-05-06
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7171-15

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.