CFTC Orders The Bank of Nova Scotia to Pay $127.4 Million for Spoofing, False Statements, Compliance and Supervision Violations Spoofing

CFTC release 8220-20 · 2020-08-19 · view on cftc.gov ↗

Key facts

Release number
8220-20
Release date
2020-08-19
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8220-20

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.