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
Florida Federal Court Imposes Sanctions of More Than $20 Million Against a South Florida Firm Cromwell Financial Services, Inc., and Five Area Residents in a Commodity Options Fraud and Failure to Supervise Case
U.S. Commodity Futures Trading Commission Files Action Against Atlanta Company Saxon Financial Services, Inc.
BP Agrees to Pay a Total of $303 Million in Sanctions to Settle Charges of Manipulation and Attempted Manipulation in the Propane Market
Former BP Trader Paul Kelly Agrees to Pay $400,000 Civil Penalty to Settle U.S. Commodity Futures Trading Commission Charges of Attempted Manipulation of the NYMEX Unleaded Gasoline Futures Contract
South Florida Court Orders Jeffrey Paul Jedlicki, Jeffrey Jedlicki, Inc., Roxana Sofia Lao Mendez, and Beatriz Peralta Quesada to Pay More Than $1.39 Million in Restitution, Disgorgement, and Civil Monetary Penalties for Foreign Currency Options Scam
U.S. Commodity Futures Trading Commission Settles Foreign Currency (Forex) Fraud Action against Defendant Hao Jan Lu; Total Orders by the Court Exceed $13 Million
New York Federal Court Orders Brokerage Firm, Clearing Firm, and Principals in CFTC Anti-Fraud Action to Pay More Than $2 Million in Restitution and Civil Penalties
U.S. Commodity Futures Trading Commission Continues its Aggressive Enforcement Program and Achieved Record Judgments during Fiscal Year 2007
U.S. Commodity Futures Trading Commission Sanctions Russell Investments Ireland Limited and Russell Investments Cayman Ltd. for Failure to File Annual Reports on Time for the Commodity Pools they Operate
French Company Banque CIAL Agrees to Pay Civil Penalty to Settle U.S. Commodity Futures Trading Commission Charges that it Engaged in Wash Sales in the Treasury Futures Markets