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
California Court Issues Permanent Injunctions Against Lida International Financial Data and Worth Financial Data in Connection With Illegal Off-Exchange Futures Case, Also Involving Topworth International of Hong Kong As A Defendant
Preliminary Injunctions Issued by Arizona Court in CFTC Anti-fraud Enforcement Action Against United Metals Trading Corp., Western National Trading and Two of the Firms' Officers
Illinois Court Issues Permanent Injunction Against Robert A. Besner and New Forest Capital Management, Inc., in 1996 CFTC Anti-Fraud Action;Order Permanently Bars the Defendants from the Futures Industry
CFTC Files Statutory Disqualification Action Against Sanjay Saxena, a Registered Associated Person, and Select Sector Research and Management, Inc., a Registered Commodity Trading Advisor and Commodity Pool Operator, Both of Cary, North Carolina
CFTC Files Complaint and Motion for Preliminary and Permanent Injunctions in Action Against Eugene M. Walter of Dallas, Texas
CFTC Files Civil Anti-fraud Charges in Michigan District Court Against Gary Berus Individually and D/B/A Profit Masters Group, Meca International, and Patricia Gale
Deloitte & Touche Agrees To Pay a $100,000 Civil Penalty to Settle a CFTC Administrative Complaint Filed Against It and Thomas D. Lux, a Partner in the Accounting Firm
Ex Parte Asset Freeze Order Issued by Arizona Court in CFTC Anti-Fraud Enforcement Action Against United Metals Trading Corp., Western National Trading, Anthony F. Andrews, & Marvin C. Pendergraft
5-Year Trading Ban, and Cease and Desist Order Against Zoltan (Lou) Guttman of New York.
Two Unregistered Commodity Trading Advisors Operating Over the Internet Halted From Violating Federal Commodity Laws