CFTC Charges Oklahoma Resident Kevin J. Davis with Acting as an Unregistered Commodity Pool Operator and Engaging in Prohibited Pool Operator Activities Commodity pool fraud

CFTC release 7311-16 · 2016-01-21 · view on cftc.gov ↗

Key facts

Release number: 7311-16
Release date: 2016-01-21
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7311-16

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.