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
08/16/2006	Federal Court Orders James de Wet, a South African Resident, to Pay Over $1 Million for Violating the Commodity Exchange Act Monetary Judgment Order: James de Wet Permanent Injunction Order: James de Wet CFTC Press Release 5126-05
08/10/2006	Eighth Circuit Court of Appeals Finds that the CFTC Properly Pursued Charges Against NRG Energy, Inc. in Minnesota District Court Appeal Decision: NRG Energy Inc. CFTC Press Release 4947-04
08/10/2006	Southern Texas Court Orders Nexgen Software Systems, Inc., to Pay Civil Monetary Penalty for Failure to Register as a Commodity Trading Advisor Permanent Injunction Order: John Novak and Nexgen Software Systems, Inc. CFTC Press Release 4977-04
08/10/2006	CFTC Settles Foreign Currency Fraud Action Against COES FX Clearing, Inc. Permanent Injunction Order: COES FX Clearing, Inc. CFTC Press Release 5086-05
08/09/2006	South Florida Court Finds William David Seigler, Jr., of Largo, Florida, and Sonoma Trading Corporation Liable for Marketing Illegal Off-Exchange Foreign Currency Options Permanent Order Injunction: Sonoma Trading Corporation and William David Seigle… CFTC Press Release 5056-05
08/09/2006	CFTC Charges California Resident Gilbert Philip Castillo, Jr., and His Company, Castle Enterprise Corporation, with Fraud Complaint: Gilbert Philip Castillo Jr. and Castle Enterprise Corporation
08/08/2006	CFTC Files and Settles Charges of Fraud and Misappropriation against Former Employee of California Commodity Trading Firm Castle Trading Inc. Order: Toby Wayne Denniston II
07/27/2006	California Federal Court Orders Australian Commodity System Vendor Richard Swannell to Pay Civil Monetary Penalty Permanent Injunction Order: Richard Swannell
07/26/2006	South Florida Court Imposes Over $25 Million in Sanctions in Energy and Foreign Currency Options Fraud Case Permanent Injunction Order: United Investors Group, Inc, Greg P. Allota, Jay M… Opinion and Final Order: United Investors Group, Inc, Greg P. Allota, Jay M. Le…
07/25/2006	Federal Court Orders Nicholas A. Guarino, Jr. and Wall Street Underground, Inc. to Pay Over $2 Million to Defrauded Customers and to Pay a $7 Million Fine for Fraudulently Promoting Commodity Trading Systems Order of Default Judgment: Wall Street Underground, Inc., et al. Permanent Injunction Order: Web Fullfillment Centre Inc. and Frank Asaro Receiver's Motion: Wall Street Underground, Inc., et al.

Enforcement Actions

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