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
02/28/2011	CFTC Charges Florida Resident David L. Ortiz and his Companies, Goyep International, Inc. and Royal Returns, Inc., with Defrauding Customers in an Off-Exchange Foreign Currency Scam Complaint: David L. Ortiz, et al. Order: David L. Ortiz, et al.
02/24/2011	CFTC Seeks to Revoke the Registrations of Texas-based M25 Investments, Inc. and M37 Investments, LLC Notice: M25 Investments, Inc. and M37 Investments, LLC Federal Court Orders More than $16.2 Million in Customer Restitution and Moneta… Federal Court Freezes Assets of Texas Trading Firms M25 Investments, Inc. and M…
02/22/2011	CFTC Charges Missouri Resident Randall L. Stuckey and His Three Business Entities with Soliciting at Least $2.8 Million from Customers in Foreign Currency (Forex) Futures Fraud Complaint: Randall Lynn Stuckey, et al. Order: Randall Lynn Stuckey, et al.
02/22/2011	CFTC Sanctions Cantor Fitzgerald & Co. $100,000 for Wash Sales and Causing Noncompetitive Trading in the Reformulated Gasoline Futures Contract Traded on the New York Mercantile Exchange Order: Cantor Fitzgerald & Co.
02/17/2011	Federal Court Freezes Assets of Texas Man Larry Benny Groover, Charged by the CFTC with Operating a Foreign Currency Ponzi Scheme and Misappropriating Customer Funds Complaint: CFTC v. Larry Benny Groover, et al. Order: CFTC v. Larry Benny Groover, et al.
02/16/2011	CFTC Obtains Asset Freeze against Keith Simmons, Deanna Salazar, Bryan Coats, Jonathan Davey and Their Companies, Charged in $35 Million Foreign Currency Ponzi Scheme Complaint: CFTC v. Keith Simmons, et al. Order: Keith F. Simmons, Bryan Coats and Jonathan Davey Consent Order: Deanna Salazar, Life plus Group, LLC and Lawrence Salazar
02/15/2011	New York Federal Court Freezes Assets of Brian Kim and His New York Firm, Liquid Capital Management LLC Complaint: CFTC v. Brian Kim, et al. Order: CFTC v. Brian Kim, et al.
02/14/2011	CFTC Charges Two North Carolina Residents and their Company, PMC Strategy, LLC, with Fraudulently Soliciting at least $669,000 in Foreign Currency Ponzi Scheme Complaint: CFTC v. PMC Strategy, LLC, et al. Order: CFTC v. PMC Strategy, LLC, et al.
02/09/2011	CFTC Charges New York Resident Hasaan R. Steel with Commodity Pool Fraud Complaint: CFTC v. Hasaan R. Steel Order: CFTC v. Hasaan R. Steel
02/07/2011	CFTC Orders Chicago-Based Futures Commission Merchant Newedge USA, LLC to Pay More than $220,000 for Violating Speculative Position Limits in Live Cattle Futures Trading Order: Newedge USA, LLC

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