CFTC Orders Chicago-based E*TRADE Securities LLC and E*TRADE Clearing LLC to Pay a $280,000 Civil Monetary Penalty for Failure to Retain Required Records and Failure to Diligently Supervise Other enforcement

CFTC release 7521-17 · 2017-01-26 · view on cftc.gov ↗

Key facts

Release number
7521-17
Release date
2017-01-26
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7521-17

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.