# CFTC Orders Two Chinese Companies to Pay $720,000 for Wash Trading, Position Limit Violations, and Reporting Failures

> CFTC release 8592-22 · 2022-09-23 · **Wash trades / fictitious trading** · ENFORCEMENT

## Key facts

- **Release number:** 8592-22
- **Release date:** 2022-09-23
- **Type:** Wash trades / fictitious trading
- **Title:** CFTC Orders Two Chinese Companies to Pay $720,000 for Wash Trading, Position Limit Violations, and Reporting Failures
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8592-22

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8592-22, "CFTC Orders Two Chinese Companies to Pay $720,000 for Wash Trading, Position Limit Violations, and Reporting Failures", 2022-09-23. Retrieved via AI Analytics 2026-07-12 from https://api.ai-analytics.org/cftc-action/8592-22.

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