CFTC Orders United States Commodity Funds LLC to Pay $2.5 Million for Failure to Fully Disclose Information Relating to Trading Limitations to Commodity Pool Participants Commodity pool fraud

CFTC release 8457-21 · 2021-11-08 · view on cftc.gov ↗

Key facts

Release number: 8457-21
Release date: 2021-11-08
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8457-21

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.