CFTC Orders Minnesota Grain Merchandiser to Pay $3 Million Penalty for Attempted Manipulation of Oats Futures Prices Market manipulation

CFTC release 8810-23 · 2023-10-23 · view on cftc.gov ↗

Key facts

Release number
8810-23
Release date
2023-10-23
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8810-23

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.