CFTC Charges Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie with Engaging in Illegal, Off-Exchange Precious Metals Transactions Other enforcement

CFTC release 7331-16 · 2016-02-23 · view on cftc.gov ↗

Key facts

Release number: 7331-16
Release date: 2016-02-23
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7331-16

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.