CFTC Charges Owner of Precious Metals Firm with Defrauding More than 130 Customers in Precious Metals Scheme Other enforcement

CFTC release 7822-18 · 2018-10-03 · view on cftc.gov ↗

Key facts

Release number
7822-18
Release date
2018-10-03
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7822-18

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.