CFTC Charges Executive at Global Investment Bank with Manipulation and Fraud in Connection with Swaps Related to a Bond Issuance Market manipulation

CFTC release 8099-19 · 2019-12-20 · view on cftc.gov ↗

Key facts

Release number: 8099-19
Release date: 2019-12-20
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8099-19

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.