CFTC Charges Futures Broker with Engaging in Fraudulent Trade Allocation Scheme Fraud

CFTC release 7769-18 · 2018-08-10 · view on cftc.gov ↗

Key facts

Release number
7769-18
Release date
2018-08-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7769-18

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.