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
FEDERAL COURT ORDERS GEORGIA FOREIGN CURRENCY FIRM AND ITS PRESIDENT TO REPAY CUSTOMERS IN CFTC FRAUD ACTION; Infinite Trading Group, LLC. and Anthony Garcia Also Ordered to Pay $660,000 Civil Penalty
CHICAGO MAN ORDERED TO PAY PENALTY FOR FRAUDULENTLY PROMOTING A COMMODITY TRADING SYSTEM
GEORGIA FEDERAL COURT ORDERS ATLANTA FOREIGN CURRENCY FIRM AND ITS CHIEF EXECUTIVE OFFICER TO PAY BACK $662,000 TO DEFRAUDED INVESTORS; Order Also Imposes Civil Penalty of $1.7 Million On Samuel Daley and Advent Capital Partners, Ltd.
CFTC Obtains Federal Court Order Freezing Assets of Defendant U.S. Securities & Futures Corp.
SAN FRANCISCO FOREIGN CURRENCY FIRM AND ITS PRESIDENT CHARGED WITH DEFRAUDING 200 CUSTOMERS; CFTC Obtains Federal Court Order Freezing Assets of Defendants DBS Capital Inc. and Douglas Stevens
NEW YORK FOREIGN CURRENCY (FOREX) FIRM CHARGED WITH DEFRAUDING 230 INVESTORS OF $6.4 MILLION; CFTC Charges Holston, Young, Parker & Associates, Conetto Holding Company, Ltd, and Holsten's President With Commodity Scam Using Offshore Banks
CFTC SETTLES FOREIGN CURRENCY FRAUD CHARGES WITH CALIFORNIA AND OHIO RESIDENTS; Federal Court Orders Five Defendants To Pay $3.5 Million To Customers in Australia, New Zealand, and the United States
CFTC SETTLES FRAUD ACTIONS AGAINST THREE DEFENDANTS INVOLVED WITH INDIANA COMMODITY POOL; Court Orders Defendants David G. Johnson, Thomas T. Miller and Geoffrey M. Eltzroth to Pay More Than $11 million for Their Violations Arising from a Ponzi Scheme
UTAH MAN CHARGED WITH DEFRAUDING CUSTOMERS OF MORE THAN $300,000 IN FOREIGN CURRENCY (FOREX) TRADING SCHEME; CFTC Obtains Federal Court Order Freezing Assets of Defendants Bryan Hawker and G, Hawker & Stone, LLC
EL PASO TRADING UNIT AGREES TO PAY $20 MILLION TO SETTLE CFTC CHARGES OF ATTEMPTED MANIPULATION AND FALSE REPORTING; El Paso Merchant Energy, L.P. Settles Claims Under the Commodity Exchange Act That It Intentionally Reported False Natural Gas Price and Volume Information to Energy Reporting Firms in an Attempt to Affect Prices of Natural Gas Contracts