CFTC Orders Commodity Pool Operator, CEO to Pay More Than $10 Million for Misleading Statements, Supervision Failures Commodity pool fraud

CFTC release 8109-20 · 2020-01-27 · view on cftc.gov ↗

Key facts

Release number
8109-20
Release date
2020-01-27
Type
Commodity pool fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8109-20

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.