Enforcement Actions

The CFTC Division of Enforcement investigates and prosecutes alleged violations of the Commodity Exchange Act and Commission regulations. The CFTC takes enforcement actions against individuals and firms registered with the Commission, those who are engaged in commodity futures and option trading on designated domestic exchanges, and those who improperly market futures and options contracts.

View Dispositions
View Opinions and Adjudicatory Orders

Enforcement Advisory: Updated Advisory on Self Reporting and Full Cooperation

Enforcement Advisory: Cooperation Factors in Enforcement Division Sanction Recommendations for Individuals

Enforcement Advisory: Cooperation Factors in Enforcement Division Sanction Recommendations for Companies

Enforcement Advisory: Advisory on Self Reporting and Cooperation for CEA Violations Involving Foreign Corrupt Practices

See CFTC Press Release 7518-17 (January 19, 2017) and
Speech of James McDonald, Director of the Division of Enforcement Commodity Futures Trading Commission Regarding Perspectives on Enforcement: Self-Reporting and Cooperation at the CFTC (September 25, 2017)

Date ENFORCEMENT ACTIONS
CFTC Files Enforcement Action against Two Indian Citizens for Allegedly Engaging in an Illegal Trading Scheme
CFTC Orders Newedge USA, LLC, a Registered Futures Commission Merchant, to Pay $700,000 for Submitting Inaccurate Large Trader Reports to the CFTC and for Violating a Prior CFTC Order
Federal Court Orders CFTC Defendant Larry Benny Groover to Pay $2.69 Million for Defrauding Customers in Forex Ponzi Scheme
Illinois Federal Court Imposes $140,000 Civil Monetary Penalty on Foreign Currency Firm, FXOpen Investments Inc., for Acting as an Unregistered Retail Foreign Exchange Dealer
Michigan Federal Court Orders Jeffrey L. Groendyke and JG Forex Fund to Pay over $1.4 Million for Operating a Forex Ponzi Scheme
CFTC Settles False Reporting Charges against Mark Vanderploeg and his Companies Involving Grain Elevators and Cooperatives in Five Midwestern States
CFTC Charges Pro Trading Course, LLC, and Richard Regan with Solicitation Fraud
CFTC Orders Merrill Lynch Commodities, Inc. to Pay $350,000 Civil Penalty for Violating Cotton Futures Speculative Position Limits
CFTC Charges San Diego Resident Charles Steven Goodie and His Company, CSG Commodity Services Group, with Commodity Pool Fraud
CFTC Charges Brant L. Rushton and Melissa C. Rushston and their Company, Summit Trading & Capital LLC, with Misappropriation and Issuing False Statements in Fraudulent Commodity Scheme