CFTC Charges Upstream Energy Services with Acting as an Unregistered Futures Commission Merchant Other enforcement

CFTC release 8062-19 · 2019-10-24 · view on cftc.gov ↗

Key facts

Release number
8062-19
Release date
2019-10-24
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8062-19

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.