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 Sanctions Four Commodity Pool Operators for Failing to File Timely Reports with the National Futures Association
CFTC Charges Philadelphia-area Resident with Operating $50 Million Ponzi Scheme
Florida Resident Joerg Heierle and Swiss Corporation INH-Interholding SA Ordered to Pay More Than $9 Million in Restitution and Penalties in CFTC Commodity Pool Anti-Fraud Action
Connecticut Federal Court Orders Argentine Trader Diego Mariano Rolando to Pay More Than $10 Million in CFTC Anti-Fraud Action
CFTC Orders Brooklyn-Based Commodity Pool Operator and its Principal to Pay $1,350,000 in Restitution and Civil Monetary Penalties for Fraud, Misappropriation, and Furnishing False Documents to the National Futures Association
New York Federal Court Orders Hedge Fund Linuxor Asset Management LLC, and its Principal Abbas A. Shah to Pay a $200,000 Civil Penalty in CFTC Anti-Fraud Action
Dairy Farmers of America and Two Former Executives to Pay $12 Million Penalty to Settle CFTC Charges of Attempted Manipulation and Speculative Position Limit Violations
Nevada Firm Alliance Development Co. and William Snyder Ordered to Pay $3.65 Million in Restitution and Penalties for Operating a Commodity Pool Scam in CFTC Anti-Fraud Action
Florida Federal Court Orders Nine Defendants in CFTC Foreign Currency (Forex) Anti-Fraud Action to Pay More than $12 Million in Penalties and Customer Restitution
California Federal Court Freezes Assets of Paul Abad and His Company, Thirteen Thirty-Two, Inc. in CFTC Anti-Fraud Action