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
12/21/2018	Federal Court Orders Forex Trading Firm and Its Principal to Pay More Than $1.6 million for Fraudulent Forex Pool Scheme Final Judgment by Default: Michael S. Wright Memorandum Order: Michael S. Wright Order: Michael S. Wright
12/21/2018	CFTC Obtains $2.1 Million Judgment Against Iowa Commodity Trader for Fraudulent Scheme Order and Default Judgment: Lon Olen Friedrichsen
12/19/2018	Federal Court Orders Commodity Pool Operators to Pay More Than $23 Million in Restitution and Penalties for Fraud and Misappropriation of Investors Funds Order: Haena Park, Phaetra Capital GP LLC, Phaetra Capital Management LP, and A… Opinion and Order: Haena Park, Yul Kaseman, Phaetra Capital GP LLC, Argenta Gro… Order: Yul Kaseman
12/17/2018	CFTC Charges Chicago-area Trader with Ongoing Forex and Commodity Fraud Complaint: Dro Kholamian and Blue Star Trading LLC Order: Dro Kholamian and Blue Star Trading, LLC PI Order: Dro Kholamian and Blue Star Trading, LLC
12/17/2018	CFTC and State of Utah Amend Their Complaint Against Rust Rare Coin and Gaylen Rust to Charge Additional Defendants for Participating in $200 Million Salt Lake City Precious Metals Ponzi Scheme Complaint: Rust Rare Coin Inc., et al
12/10/2018	Federal Court Orders Defendants to Pay More Than $11 Million in Connection with Commodity Pool Fraud Default Judgment: Allensworth Order: Scott Allensworth
12/06/2018	CFTC Wins Judgment against Commodities Trader for Commodity Pool Fraud, Including Misappropriating Funds Consent Order: Mark R. Slobodnik
11/16/2018	CFTC and State of Utah Charge Salt Lake City Precious Metals Dealer and His Company with Engaging in $170 Million Precious Metals Ponzi Scheme Complaint: Gaylen Dean Rust and Rust Rare Coin, Inc Order: Gaylen Dean Rust and Rust Rare Coin, Inc Rust Rare Coin Receivership Information
11/15/2018	CFTC Division of Enforcement Issues Report on FY 2018 Results 2018 Enforcement Annual Report Speech of Enforcement Director James M. McDonald
11/15/2018	In CFTC Action, Federal Court Orders Hedge Fund and Its Principals To Pay More Than $1 Million for Fraud and Registration Violations Consent Order: Kevin P. Whylie Default Judgment: Algointeractive Inc and Matthew James Zecchini

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