CFTC Orders The Bank of Nova Scotia to Pay a $15 Million Penalty for Recordkeeping and Supervision Failures for Widespread Use of Unapproved Communication Methods Other enforcement

CFTC release 8699-23 · 2023-05-11 · view on cftc.gov ↗

Key facts

Release number: 8699-23
Release date: 2023-05-11
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8699-23

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.