Federal Court in Illinois Orders Futures International LLC and its Chief Operating Officer, Amedeo Cerrone, to Pay $500,000 Penalty for Recordkeeping Violations, False Statements, Unauthorized Trading, and Supervision Failures Other enforcement

CFTC release 7246-15 · 2015-09-26 · view on cftc.gov ↗

Key facts

Release number: 7246-15
Release date: 2015-09-26
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7246-15

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.