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 Orders Commodity Trading Firm to Pay Penalty for Wash Sales and Improve its Internal Controls
Commodity Pool and its President Ordered to Pay $1.2 Million, Banned from Markets for Futures Fraud
CFTC Orders Merrill Lynch Commodities, Inc. to Pay Approximately $25 Million for Spoofing, Manipulation, and Attempted Manipulation in Precious Metals Futures
CFTC Announces Approximately $2.5 Million Whistleblower Award
U.S. District Court for the Northern District of California Imposes Permanent Trading Ban against Defendant in CFTC False Statements and Solicitation Fraud Action
CFTC Charges Company and its Principal in $147 Million Fraudulent Bitcoin Trading Scheme
CFTC Charges CEO of Managed Fund with Misappropriation, Fraud, and Making False Statements to NFA
CFTC Charges Former Natural Gas Head Trader with Fraudulently Mismarking Futures and Physical Trades
CFTC’s Division of Enforcement Issues First Public Enforcement Manual
CFTC Announces Approximately $1.5 Million Whistleblower Award