CFTC Orders California Trader and Prop Firm to Pay $750,000 for Spoofing in Treasury Futures Spoofing

CFTC release 8595-22 · 2022-09-26 · view on cftc.gov ↗

Key facts

Release number
8595-22
Release date
2022-09-26
Type
Spoofing
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8595-22

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.