# CFTC Staff Issues Interpretive Guidance Clarifying Commodity Trading Advisor Registration Requirements Resulting from the European Union’s MiFID II Research Compensation Provisions for Investment Managers

> CFTC release 7657-17 · 2017-12-11 · **Registration / supervisory violation** · ENFORCEMENT

## Key facts

- **Release number:** 7657-17
- **Release date:** 2017-12-11
- **Type:** Registration / supervisory violation
- **Title:** CFTC Staff Issues Interpretive Guidance Clarifying Commodity Trading Advisor Registration Requirements Resulting from the European Union’s MiFID II Research Compensation Provisions for Investment Managers
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7657-17

## 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 7657-17, "CFTC Staff Issues Interpretive Guidance Clarifying Commodity Trading Advisor Registration Requirements Resulting from the European Union’s MiFID II Research Compensation Provisions for Investment Managers", 2017-12-11. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/cftc-action/7657-17.

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