CFTC Finds that Proprietary Trading Firm Geneva Trading USA, LLC Engaged in Spoofing Spoofing

CFTC release 7797-18 · 2018-09-20 · view on cftc.gov ↗

Key facts

Release number
7797-18
Release date
2018-09-20
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7797-18

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.