# CFTC Orders Olam Group Ltd. to Pay $3.25 Million for  False, Misleading, or Inaccurate Reporting of Cotton Sales

> CFTC release 8986-24 · 2024-09-27 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 8986-24
- **Release date:** 2024-09-27
- **Type:** Other enforcement
- **Title:** CFTC Orders Olam Group Ltd. to Pay $3.25 Million for  False, Misleading, or Inaccurate Reporting of Cotton Sales
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8986-24

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8986-24, "CFTC Orders Olam Group Ltd. to Pay $3.25 Million for  False, Misleading, or Inaccurate Reporting of Cotton Sales", 2024-09-27. Retrieved via AI Analytics 2026-06-27 from https://api.ai-analytics.org/cftc-action/8986-24.

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