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 FRAUD CHARGES AGAINST A NORTH CAROLINA FOREIGN CURRENCY TRADER AND HIS FIRM, WHO SOLICITED $1.2 MILLION FROM RETAIL INVESTORS; CFTC Alleges that Defendants James Darren Moore and JDM Investments Concealed Trading Losses of Almost $500,000 by Issuing False Account Statements to Customers
THE U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES COLORADO MAN AND HIS FIRM, Qi2 TECHNOLOGIES, WITH INTERNET FRAUD; Company Website Marketed to the Public a Trading Manual Entitled, How I Double My Money Annually In The Market
CFTC Finds That Florida Residents Fraudulently Marketed a Commodity Futures Trading Method on E-Bay
CFTC CHARGES FUTURES BROKER AND ITS CHAIRMAN WITH FAILURE TO RETAIN RECORDS; CFTC Alleges Professional Market Brokerage, Inc. and Huaya Lu Tung Abandoned Required Records
FLORIDA FOREIGN CURRENCY (FOREX) FIRM CHARGED WITH FRAUD FOR INTERNET SWINDLE; CFTC Files Action Against Giovanni Fleury Investments, Inc. of Sunrise, Florida, and Owner Giovanni Fleury
FEDERAL COURT ORDERS LOS ANGELES FOREIGN CURRENCY FIRMS AND THEIR PRESIDENT TO PAY $759,956 IN CFTC ACTION; Rego Gainer Financial, Inc., Rego Gainer, Inc. and Kwok Lun Lam Ordered to Pay Restitution and Civil Penalties
CFTC FINDS COFFEE TRADER DEIRDRE ANDERSON CONDUCTED FRAUDULENT TRADING SCHEME AND MANAGERS FAILED TO PROPERLY SUPERVISE HER; Anderson and George Lamborn of New York and Richard Lani of New Jersey Are Sanctioned
CFTC SETTLES FOREIGN CURRENCY FRAUD CHARGES WITH TEXAS RESIDENT AND HIS TWO COMPANIES; Court Orders Defendants John A. Wheeler, Long Point Investments, LLC and CDM Technologies, LLC to Pay $23 Million to Investors
CFTC SETTLES FRAUD ACTION WITH CALIFORNIA RESIDENT CHRISTIAN WEBER; Federal Court Orders Huntington Beach, California, Man to Repay Over $2 Million to Customers from Australia, New Zealand, and the United States
CFTC FINDS THAT MISSISSIPPI RESIDENT Michael Gene Pate AND HIS FOREIGN CURRENCY FIRM, American FX, LLC, SOLICITED CUSTOMERS FRAUDULENTLY