CFTC Orders Three Financial Institutions to Pay Over $50 Million for Swap Reporting Failures and Other Violations Other enforcement

CFTC release 8801-23 · 2023-09-29 · view on cftc.gov ↗

Key facts

Release number
8801-23
Release date
2023-09-29
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8801-23

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.