# CFTC Orders Commodity Trading Firm and Principal to Pay a $315,000 Civil Monetary Penalty for “Cherry-Picking” Scheme

> CFTC release 7862-18 · 2018-12-21 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 7862-18
- **Release date:** 2018-12-21
- **Type:** Other enforcement
- **Title:** CFTC Orders Commodity Trading Firm and Principal to Pay a $315,000 Civil Monetary Penalty for “Cherry-Picking” Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7862-18

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 7862-18, "CFTC Orders Commodity Trading Firm and Principal to Pay a $315,000 Civil Monetary Penalty for “Cherry-Picking” Scheme", 2018-12-21. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/cftc-action/7862-18.

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