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 Statutory Disqualification Action Against Patrick D. Kelly, and Simultaneously Accepts His Settlement Offer, Which Includes a Two-Year Period of Conditioned Registration #
CFTC files enforcement action charging David and Mark Sitzmann and Sitzmann Commodities Inc. with fraudulent trading practices in the CME'slive cattle and hog futures contract
CFTC files administrative action against three CME floor brokers, alleging fraudulent trade practice abuse in the live cattle futures pit #
CFTC files civil anti-fraud action against a Washington state commodity pool operator, Ken Willey #
Florida court issues ex parte asset freeze in CFTC anti-fraud action against Michael Indihar, Robert Hoffman, Computer Warehouse Inc., and Automated Trading Systems -- all of Florida #
Forida Court Issues Permanent Injunction Against Keith Dominick and Main Street Investment Group in 1994 CFTC Anti-fraud Action
CFTC Files Statutory Disqualification Action Against CBOT Floor Broker, Edgar Clifford Sharp, III, and Simultaneously Accepts His Settlement Offer, Which Includes a Two-Year Period of Conditioned Registration
CFTC Files Enforcement Action Alleging Fraud Against R&W Technical Services LTD. and Two Individuals, all of Texas #
Colorado court issues ex parte asset freeze order in CFTC anti-fraud action against Prism Financial and Brian Prendergast, both of Colorado, and two defendants in California #
REFCO agrees to pay a $925,000 civil penalty to settle a CFTC administrative proceeding finding that REFCO violated CFTC segregation and supervision requirements #