CFTC Charges Forex Capital Markets, LLC with Undercapitalization, Failing to Timely Report Undercapitalization Violation, and Guaranteeing against Customer Losses Other enforcement

CFTC release 7431-16 · 2016-08-19 · view on cftc.gov ↗

Key facts

Release number: 7431-16
Release date: 2016-08-19
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7431-16

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.