CFTC Orders Cargill, Inc. to Pay a $10 Mln Penalty for Providing Inaccurate Mid-Market Marks on Swaps, Which Concealed Cargill’s Full Mark-up, in Violation of Swap Dealer Business Conduct & Reporting Requirements, & for Supervision Failures Other enforcement

CFTC release 7640-17 · 2017-11-06 · view on cftc.gov ↗

Key facts

Release number: 7640-17
Release date: 2017-11-06
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7640-17

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.