CFTC Orders Rosenthal Collins Capital Markets LLC, Now Known as DV Trading LLC, to Pay a Civil Penalty of $5 Million for Engaging in Illegal Wash Sales Designed to Generate Exchange Rebate Fees Other enforcement

CFTC release 7582-17 · 2017-06-30 · view on cftc.gov ↗

Key facts

Release number: 7582-17
Release date: 2017-06-30
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7582-17

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.