CFTC Orders Futures Commission Merchant to Pay $500,000 for Supervision Failures Relating to Improper or Fictitious Trade Transfer Requests Other enforcement

CFTC release 8602-22 · 2022-09-29 · view on cftc.gov ↗

Key facts

Release number: 8602-22
Release date: 2022-09-29
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8602-22

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.