CFTC Orders Chicago Trader to Pay $100,000 for Spoofing in Natural Gas and RBOB Futures Spoofing

CFTC release 8577-22 · 2022-08-24 · view on cftc.gov ↗

Key facts

Release number
8577-22
Release date
2022-08-24
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8577-22

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.