CFTC Charges Trading Systems Firm and its Principal with Solicitation Fraud and False Statements Fraud

CFTC release 8006-19 · 2019-09-10 · view on cftc.gov ↗

Key facts

Release number
8006-19
Release date
2019-09-10
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8006-19

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.