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, LOUISIANA AND GEORGIA FIRMS CHARGED WITH FRAUDULENTLY SOLICITING OVER $1,000,000 FROM CUSTOMERS TO INVEST IN ILLEGAL FOREIGN CURRENCY (FOREX) OPTION CONTRACTS; Government Obtains Federal Court Order Freezing Assets of 19 Individuals and Companies; Related Action Also Filed by Louisiana Attorney General
INTERNET TRADING SYSTEM PROMOTER SETTLES CHARGES ALLEGING HE MADE MISREPRESENTATIONS ON WEBSITE; Michael Radcliffe Made False Claims Concerning Profits He Generated By Using His Commodity Trading System
Commodity Futures Trading Commission Files Federal Action Against Florida Man For Providing False Information Related to His $6.8 Million Settlement With the Commission
CFTC Establishes Enron Information Link to Assist the Public in Reporting Suspicious Activities that May Have Affected West Coast Electricity or Natural Gas Prices Involving Enron or Any Other Company
CFTC Settles Wash Sales Charges Against Texas Broker Ronald Roesler and Illinois Broker David Janson Arising Out of USDA Dairy Options Pilot Program
FLORIDA FEDERAL COURT REQUIRES DEFENDANTS MICHAEL A. DIPPOLITO; MAD, INC.; AND CTU, INC. TO PAY RESTITUTION TO DEFRAUDED CUSTOMERS IN CFTC ENFORCEMENT ACTION. Court’s Order Also Bars Defendants From Further Fraudulent Conduct and From Trading Commodity Futures or Options
TEXAS COMMODITY TRADER CHARGED WITH DEFRAUDING CUSTOMERS AND MISAPPROPRIATING CUSTOMER FUNDS. CFTC Charges Dewey V. Wiles and His Company, Futures Exchange Company, Inc., with Fraudulently Soliciting Funds to Trade Commodity Futures
CFTC Settles Foreign Currency Fraud Case Against Ohio Defendants
CFTC CHARGES UTAH INVESTMENT FIRM WITH RUNNING A $14.7 MILLION FOREIGN CURRENCY (FOREX) PONZI SCAM; Federal Court Immediately Freezes Assets of 4NExchange, LLC, Paul Grant and Ronald Bassett In Related Action
CFTC Launches FOREX Warning Advertising Campaign