CFTC Orders JPMorgan to Pay $75 Million for Widespread Use by Employees of Unapproved Communication Methods and Related Recordkeeping and Supervision Failures Other enforcement

CFTC release 8470-21 · 2021-12-17 · view on cftc.gov ↗

Key facts

Release number: 8470-21
Release date: 2021-12-17
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8470-21

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.