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 Sues One World Capital Group, LLC and its President John Edward Walsh for Inability to Demonstrate it had Required Capital
Nebraska Federal Court Orders Lawrence J. Volf, Commercial Hedge Services, Inc., Prime Trading Company, Inc., Sherman County Management, Inc., Sherman County Bank, and PT Holdings, Inc. to Pay $325,000 in Restitution to Farmers
Tennessee Court Finds Fraud and Imposes More Than $9.9 Million in Sanctions against Tennessee Forex Firm FxTrade Financial and its Principals and Salespersons in CFTC Action
CFTC Revokes the Introducing Broker Registrations of Next Financial Services Unlimited, Inc. and New World Trading, LLC
Michigan Federal Court Orders Florida Corporations Millenium Trading Group LLC and Worldwide Clearing LLC, and Florida Resident Cedric Stanton, to Pay More Than $10 Million in Sanctions
California Federal Court Orders Resident Brett E. Lovett to Pay More Than $635,000 in Sanctions in Fraud Action Brought by the CFTC
CFTC Charges Elizabeth Baldwin, Of Newport, Rhode Island, With Fraudulently Soliciting & Obtaining More Than $500,000 To Trade Commodity Futures
CFTC Obtains Permanent Injunction in Fraud Action Against New York Hedge Fund Operator Cornerstone Capital Management, LLC and its Principal, Atlanta Resident Joseph T. Profit II
Five Current and Former Coral Energy Traders Settle CFTC Charges for False Reporting and Attempted Manipulation in Natural Gas Market; Defendants Ordered to Pay $1 Million Penalty
CFTC Settles Natural Gas False Reporting and Attempted Manipulation Lawsuit with Energy Trader; Defendant Paul Atha, a Former Trader at Mirant Americas Energy Marketing, L.P. (Mirant), Ordered to Pay a $200,000 Penalty