CFTC Orders Piper Sandler to Pay $2 Million for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods Other enforcement

CFTC release 8972-24 · 2024-09-23 · view on cftc.gov ↗

Key facts

Release number: 8972-24
Release date: 2024-09-23
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8972-24

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.