Federal Court Orders Dante S. Giovannetti and His Companies Emini Experts, LLC and Capital Trading Concepts LLC to Pay over $2.7 Million in Restitution and Monetary Penalties for Commodity Pool Fraud and Other Violations of the Commodity Exchange Act Fraud

CFTC release 7395-16 · 2016-06-23 · view on cftc.gov ↗

Key facts

Release number: 7395-16
Release date: 2016-06-23
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7395-16

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.