CFTC Charges Traders at Major U.S. Bank with Manipulating the Precious Metals Futures Markets Market manipulation

CFTC release 8013-19 · 2019-09-16 · view on cftc.gov ↗

Key facts

Release number
8013-19
Release date
2019-09-16
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8013-19

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.