CFTC Orders Dubai Traders and Their Firms to Pay $100,000 for Wash Sales Other enforcement

CFTC release 8476-21 · 2021-12-27 · view on cftc.gov ↗

Key facts

Release number
8476-21
Release date
2021-12-27
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8476-21

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.