Federal Court Orders Texas Trading Advisor and Owner to Pay $100,000 Penalty for Registration Violations Registration / supervisory violation

CFTC release 8770-23 · 2023-08-29 · view on cftc.gov ↗

Key facts

Release number: 8770-23
Release date: 2023-08-29
Type: Registration / supervisory violation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8770-23

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.