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 CLAIMS MCGRAW-HILL COMPANIES FLOUTED FEDERAL AGENCY SUBPOENAS; Commodity Regulator Asks US District Court for Order Requiring McGraw-Hill To Provide Documents Demanded By Energy Investigation Subpoenas
PORTLAND, OREGON, FOREIGN CURRENCY FIRM, ITS PRESIDENT, AND OTHERS CHARGED WITH STEALING MORE THAN $9 MILLION IN CUSTOMER FUNDS; CFTC Obtains Federal Court Order Freezing Assets of Orion International, Inc. and Several Individuals; Defendants Allegedly Fraudulently Solicited at Least $27 Million from Customers
CFTC CHARGES REDONDO BEACH, CALIFORNIA COMMODITY TRADING ADVISOR WITH FRAUD
CFTC REVOKES REGISTRATIONS OF TWO INDIANA BROKERS
TEXAS COMMODITY TRADER SETTLES CFTC CHARGES OF DEFRAUDING CUSTOMERS AND STEALING CUSTOMER FUNDS; CFTC Order Requires That Garland Resident Dewey V. Wiles Pay Restitution to Customers
FLORIDA MAN FOUND IN CIVIL CONTEMPT OF PAYMENT ORDER IN CFTC ANTI-FRAUD ACTION; Federal Court Orders Marc Wuensch to Pay $250,000 Now, Followed by Monthly Payments of $1,500, to Avoid Prison
FLOOR BROKERS SETTLE CHARGES OF UNLAWFULLY TRADING CATTLE FUTURES; CFTC Finds that Ronald M. Schiller, aided by Eugene J. Chesrow, Engaged in a Wide Variety of Trading Schemes that Cheated Customers
CFTC SETTLES RECORDKEEPING CHARGES WITH CARR FUTURES INC.; CFTC Alleges that Carr Futures Failed to Retain and Produce Cancelled and Unfilled Floor Orders
S&P TRADER BRIAN RAY CHARGED WITH FRAUD
CFTC CHARGES ST. PETERSBURG, FLORIDA, COMPANY AND RESIDENT WITH DEFRAUDING CUSTOMERS IN FOREIGN CURRENCY (FOREX) OPTIONS SCAM