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 a Trader for Engaging in a Fictitious Sales Scheme
Federal Court Orders Unregistered Commodity Trading Advisor, Its Manager, and a Managed Fund to Pay Over $2.8 Million in Monetary Sanctions for Fraudulent Retail Forex Fund Scheme
Federal Court Enters Summary Judgment Against Convicted Florida Man and Orders Multiple Entities and Individuals to Pay Over $60 Million for Retail Forex Fraud Scheme
Federal Court Orders California Resident and His Corporation to Pay Over $5 Million in Restitution and Penalties in a Romance Fraud Scheme
Federal Court Orders Florida Man and His Company to Pay Over $102 million in Restitution and Penalties for Forex Fraud
Federal Court Enters Order Against Binance and Former CEO, Zhao, Concluding CFTC Enforcement Action
CFTC Orders Freepoint Commodities LLC to Pay $91 million for Fraudulent Scheme to Misappropriate Material Non-Public Information
Binance Former Chief Compliance Officer, Samuel Lim, Agrees to Pay $1.5 Million for Willfully Evading U.S. Law, and Aiding and Abetting the Illegal Operation of a Digital Asset Derivatives Exchange, and Other Violations
Binance and Its CEO, Changpeng Zhao, Agree to Pay $2.85 Billion for Willfully Evading U.S. Law, Illegally Operating a Digital Asset Derivatives Exchange, and Other Violations
Federal Court Orders Illinois Man and His Entities to Pay Over $20 Million in Restitution and Penalties for Commodity Pool Ponzi Scheme