Federal Court Orders Jamal Y. Vance and His Company All City Investments, LLC to Pay over $770,000 in Penalties for Solicitation Fraud and Failure to Register as a Commodity Trading Advisor Fraud

CFTC release 7739-18 · 2018-06-13 · view on cftc.gov ↗

Key facts

Release number: 7739-18
Release date: 2018-06-13
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7739-18

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.