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

> CFTC release 8642-22 · 2022-12-20 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 8642-22
- **Release date:** 2022-12-20
- **Type:** Other enforcement
- **Title:** CFTC Orders Minnesota Futures Commission Merchant to Pay $6.5 Million for Anti-Money Laundering, Risk Management, Recordkeeping, and Supervision Violations
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8642-22

## 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 8642-22, "CFTC Orders Minnesota Futures Commission Merchant to Pay $6.5 Million for Anti-Money Laundering, Risk Management, Recordkeeping, and Supervision Violations", 2022-12-20. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/8642-22.

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