Federal Court Orders Pennsylvania Man and His Companies to Pay More Than $1.2 Million in Forex Trading Scheme Other enforcement

CFTC release 8283-20 · 2020-10-09 · view on cftc.gov ↗

Key facts

Release number
8283-20
Release date
2020-10-09
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8283-20

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.