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 Charges Mississippi Residents Gary and Bradley Futch and Their Company, Tradewind Investments, LLC, with Commodity Options Fraud
CFTC Orders London-based Enskilda Futures Ltd. and Its Swedish Principal, Skandinaviska Enskilda Banken AB, to Pay a $150,000 Civil Penalty for Supervision Violations
Federal Court Orders Wisconsin-based Forex Dealer Jacob Juma Omukwe and His Companies to Pay over $2.6 Million in Restitution and Penalties in Foreign Currency Scheme
CFTC Charges California Residents Robert Cannone, Thomas Breen, and Francis Franco and Their Company, National Equities Holdings, Inc. with $1.4 Million Commodity Pool Fraud
CFTC Files Enforcement Actions against International Commodity Advisors, ProfitStars Int’l Corp., and Paragon FX Enterprises, Alleging Violations of the Commodity Exchange Act and Forex Regulations
CFTC Charges Denver Man Nicholas Trimble and His Two Companies with Solicitation Fraud and Misappropriating Customer Funds in Million Dollar Foreign Currency Scheme
CFTC Sanctions Velocity Futures, LLC, for Supervision Violations
CFTC Charges GID Group, Inc., Rodney and Roger Wagner with Fraud and Misappropriation in Connection with a $5.5 Million Forex Ponzi Scheme
CFTC Orders South Florida Resident Alan A. Grant and his Company, Francis Grant Investments Inc., to Pay $500,000 in Forex Fraud Charges
CFTC Obtains Orders against Patrick Rakotonanahary and his Company, Cyber Market Group LLC, for Defrauding Customers in a Multi-Million Dollar Foreign Currency Ponzi Scheme