CFTC Orders Jon P. Ruggles to Disgorge More than $3.5 Million in Trading Profits and Pay a $1.75 Million Penalty for His Illegal Futures and Options Trading Other enforcement

CFTC release 7459-16 · 2016-09-29 · view on cftc.gov ↗

Key facts

Release number: 7459-16
Release date: 2016-09-29
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7459-16

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.