CFTC Charges Former Floor Broker with Misappropriating Client Funds, Registration Violations, and Making False Statements Registration / supervisory violation

CFTC release 8027-19 · 2019-09-30 · view on cftc.gov ↗

Key facts

Release number: 8027-19
Release date: 2019-09-30
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8027-19

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.