CFTC Charges Unregistered Florida Commodity Pool Operator and Its Chief Executive Officer with Futures Fraud Fraud

CFTC release 8964-24 · 2024-09-12 · view on cftc.gov ↗

Key facts

Release number
8964-24
Release date
2024-09-12
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/8964-24

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.