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 California-Based Precious Metals Company, CEO, Senior Salesperson to Pay Over $56 Million for Fraud in Connection with Precious Metals Sales
CFTC Approves Final Rules on Swap Confirmation Requirements for SEFs
Federal Court Orders California Man and His Company to Pay $9 Million in Restitution and Penalties for Forex Fraud
Federal Court Sanctions Nevada Metals Trader for Spoofing in Gold and Silver Markets
CFTC Orders Australian Swap Dealer to Pay $500,000 for Supervision Failures
CFTC Charges KuCoin with Operating Illegal Digital Asset Derivatives Exchange
Federal Court Orders Florida Forex Trader to Pay $3.4 Million for Futures, Forex, Options Scheme
CFTC Orders U.S. Bank to Pay $6 Million and Oppenheimer to Pay $1 Million for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods
Federal Court Orders Unregistered Florida Commodity Pool Operator to Pay Over $64 Million in Monetary Sanctions for Fraudulent Scheme
CFTC Awards Insider Whistleblower Approximately $1.25 Million