CFTC Orders Futures Trader and Trading Firm to Pay $2.3 Million in Penalties for Cross-Market and Single-Market Spoofing and Manipulative Scheme Spoofing

CFTC release 7796-18 · 2018-09-19 · view on cftc.gov ↗

Key facts

Release number
7796-18
Release date
2018-09-19
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7796-18

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.