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 Charges Mason, Michigan, Couple Ty and Monette Klotz and Their Aurifex Investment Companies With Hedge Fund Fraud
CFTC Charges New York Firm Falco & Stevens, Inc. and its President Vyacheslav Nass with Stealing Millions in Foreign Currency Scam
Los Angeles Federal Court Orders California Company and Two of its Principals to Pay $4.2 Million to Defrauded Commodity Option Customers
CFTC Charges Florida Man And His Firm With Stealing $1.5 Million From Customers
CFTC Finds That Commodity Trading Advisor Misled Public About Commodity Options Trading System
U.S. Commodity Futures Trading Commission Charges Two Staten Island Hedge Funds And Their Principal With Stealing Millions Of Dollars In Foreign Currency Scheme
CFTC Obtains Federal Court Order Freezing Assets Of California Commodity Pool Operator Galaxy Resources 2000 LLC And Manager Charles A. Defazio In Fraud Action
CFTC Assesses Penalties of $300,000 Against Shell-Related Companies and Trader in Settling Charges of Prearranging Crude Oil Trades
Federal Court Freezes Assets Of Three Related South Florida Firms And Their Principal In CFTC Action Alleging A $14 Million Foreign Currency (forex) Fraud; CFTC Charges Carlos Alejandro Libera Saume and His Companies with Stealing Funds of 140 Customers
CFTC FILES AND SETTLES FRAUD ACTION AGAINST COMMODITY POOL OPERATOR VERAS INVESTMENT PARTNERS, LLC; CFTC Finds that Veras, Along with Owners and Managing Members James McBride and Kevin Larson, Failed to Disclose Illegal and Deceptive Trading Practices to Pool Participants; Order Imposes $500,000 Penalty on Veras, McBride, and Larson, and Revokes Their Registrations