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 Files Statutory Disqualification Action Against Mark S. Shaner, Effectively Barrring Him From the Futures Industry
Illinois Court Permanently Bars Anthony S. Ramirez and Abacus Investment Group Inc., From the Futures Industry
Tennessee Court Issues Preliminary Injunction in CFTC Enforcement Action Against Ronald Barback
California Court Issues Temporary Restraining Order and Asset Freeze Order in CFTC Enforcement Action Against L.A. Forex, Inc. and Two Individuals, All of Redondo Beach, California
CFTC Files Anti-Fraud Enforcement Action in New Yourk Federal Court Against Templer International, Ltd., Worldwide Commodities, Ltd., Worldwide's President William Sanchez, and Templer's President Brian Willis
CFTC Files Anti-Fraud Enforcement Action Against Willy Kerzinger of Michigan and Simultaneously Accepts Settlement Barring him from the Industry and Requiring him to Pay Disgorgement
CFTC Files Two Count Anti-Fraud Enforcement Action Against Ronald Barback, A Tennessee-Based Commodity Trading Advisor
New York Court Issues <i>Ex Parte</i> Asset Freeze Order in CFTC Enforcement Action Againt Oscar A. Klitin and Klitin Associates, II, Both of Great Neck, New York
CFTC Files Enforcement Action Against First Capital Strategists of York, Pennsylvania, and the Four Partners of the Firm and Simultaneously Accepts Respondents' Settlement Offer
CFTC Charges Global Currencies, Ltd., Leon Levitis, Ilya Levitis, Alex Efrosman, and Paul Manfre with Fraud in the Sale of Illegal Foreign Currency Futures Contracts