CFTC Orders Chief Compliance Officer of Trading Firm to Pay 150,000 for Fraud and False Statements to a Self-Regulatory Organization Fraud

CFTC release 8007-19 · 2019-09-12 · view on cftc.gov ↗

Key facts

Release number
8007-19
Release date
2019-09-12
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8007-19

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.