CFTC Charges Nevada Metals Trader with Spoofing in Gold and Silver Markets Spoofing

CFTC release 8568-22 · 2022-08-05 · view on cftc.gov ↗

Key facts

Release number
8568-22
Release date
2022-08-05
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8568-22

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.