CFTC Orders the Bank of Nova Scotia to Pay $800,000 Penalty for Spoofing in the Precious Metals Futures Markets Spoofing

CFTC release 7818-18 · 2018-10-01 · view on cftc.gov ↗

Key facts

Release number
7818-18
Release date
2018-10-01
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7818-18

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.