CFTC Orders Principal of Binary Options Trading Firm to Pay $200,000 for Illegal Off-Exchange Trading and Registration Violations Registration / supervisory violation

CFTC release 7985-19 · 2019-07-29 · view on cftc.gov ↗

Key facts

Release number: 7985-19
Release date: 2019-07-29
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7985-19

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.