CFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) to Pay a $1 Mln Penalty for Failing to Meet Minimum Capital Requirements, Failing to Timely Report Minimum Net Capital Violations, Supervisory Failures & Violating a Prior CFTC Order Other enforcement

CFTC release 7338-16 · 2016-03-15 · view on cftc.gov ↗

Key facts

Release number: 7338-16
Release date: 2016-03-15
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7338-16

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.