CFTC Orders Sunoco to Pay $450,000 for Spoofing in Crude Oil, Gasoline, and Heating Oil Futures Contracts Spoofing

CFTC release 8267-20 · 2020-09-30 · view on cftc.gov ↗

Key facts

Release number
8267-20
Release date
2020-09-30
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8267-20

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.