CFTC Issues Social Media Customer Protection Advisory Other enforcement

CFTC release 7957-19 · 2019-07-03 · view on cftc.gov ↗

Key facts

Release number
7957-19
Release date
2019-07-03
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7957-19

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.