CFTC Charges Chicago Trader Igor B. Oystacher & His Proprietary Trading Company, 3 Red Trading LLC, with Spoofing and Employment of a Manipulative and Deceptive Device while Trading E-Mini S&P 500, Copper, Crude Oil, Natural Gas, and VIX Futures Contracts Spoofing

CFTC release 7264-15 · 2015-10-20 · view on cftc.gov ↗

Key facts

Release number: 7264-15
Release date: 2015-10-20
Type: Spoofing
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7264-15

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.