CFTC Orders SG Americas Securities, LLC to Pay a $750,000 Civil Monetary Penalty for its Participation in Wash Transactions and Related Supervision Failures Other enforcement

CFTC release 7456-16 · 2016-09-28 · view on cftc.gov ↗

Key facts

Release number: 7456-16
Release date: 2016-09-28
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7456-16

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.