CFTC Charges Former CBOE Member Alvin Guy Wilkinson and his Connecticut-based Entities with Fraud, Misappropriation, Failing to Register with the CFTC, and Making Misrepresentations to the NFA Fraud

CFTC release 7398-16 · 2016-06-29 · view on cftc.gov ↗

Key facts

Release number: 7398-16
Release date: 2016-06-29
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7398-16

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.