CFTC Orders U.S. Bank to Pay $6 Million and Oppenheimer to Pay $1 Million for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods Other enforcement

CFTC release 8880-24 · 2024-03-19 · view on cftc.gov ↗

Key facts

Release number: 8880-24
Release date: 2024-03-19
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8880-24

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.