# CFTC Orders Aden Rusfeldt to Pay in Total More than $3.2 Million in Restitution and a Civil Monetary Penalty for Fraudulent Omissions in Connection with His Operation of ETF Trend Trading

> CFTC release 7461-16 · 2016-09-30 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 7461-16
- **Release date:** 2016-09-30
- **Type:** Fraud
- **Title:** CFTC Orders Aden Rusfeldt to Pay in Total More than $3.2 Million in Restitution and a Civil Monetary Penalty for Fraudulent Omissions in Connection with His Operation of ETF Trend Trading
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7461-16

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 7461-16, "CFTC Orders Aden Rusfeldt to Pay in Total More than $3.2 Million in Restitution and a Civil Monetary Penalty for Fraudulent Omissions in Connection with His Operation of ETF Trend Trading", 2016-09-30. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/cftc-action/7461-16.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*