CFTC Orders Minnesota Futures Commission Merchant to Pay $6.5 Million for Anti-Money Laundering, Risk Management, Recordkeeping, and Supervision Violations Other enforcement

CFTC release 8642-22 · 2022-12-20 · view on cftc.gov ↗

Key facts

Release number: 8642-22
Release date: 2022-12-20
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8642-22

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.