Displaying results 11 - 20 of 2823
CFTC Orders George Santos to Pay $35,000 for Manipulative Trading of State-of-the-Union Event Contract
… Commission today announced an order filing and settling charges against former Congressman George Santos for … from further violations of the Commodity Exchange Act and CFTC regulations. Under the order, a three-year trading ban … CFTC Orders George Santos to Pay $35,000 for Manipulative …
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CFTC Charges Syracuse, N.Y., Man, His Firm with Fraud, Misappropriation
… ,   for fraud and misappropriation.  In its complaint, the CFTC seeks restitution, disgorgement of ill-gotten gains, … theft in connection with the same scheme alleged in the CFTC’s complaint. United States v. Dellas , No. 5:25-cr-184 (N.D.N.Y.) , ECF No. 1 (indictment). The CFTC appreciates the assistance of the FBI and the U.S. …
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CFTC Orders UBS Financial Services Inc. to Pay $8 Million for Supervision Failures Impacting Its AML Transaction Monitoring Systems
… Commission today announced an order filing and settling charges against UBS Financial Services Inc., a registered … from further violations of the Commodity Exchange Act and CFTC regulations. The CFTC recognizes UBS FSI’s representations concerning its … CFTC Orders UBS Financial Services Inc. to Pay $8 Million …
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CFTC Charges Four Entities for Failing to Register as FCMs
… D.C. — The Commodity Futures Trading Commission filed charges against four entities for failing to register as … committing violations of the Commodity Exchange Act and CFTC regulations as charged. The four entities charged are: … funds and further claims that it is regulated by the CFTC. Expert Stocks Zone allegedly based in New York, claims …
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Acting Chairman Pham Issues Statement on OIG Audit of CFTC’s Use of Charge Cards
… Caroline D. Pham issued the following statement on the CFTC Office of Inspector General (OIG)  Audit of CFTC’s Compliance with the Government Charge Card Abuse Prevention Act : “I applaud the diligent work of the CFTC’s Office of the Inspector General to identify fraud, …
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CFTC Charges Florida Man with $600,000 Options Fraud
… deceitfully obtained and misappropriated.  In 2004, the CFTC held Staryk liable for options fraud, revoked Staryk’s … monetary penalty. As alleged, Staryk failed to disclose the CFTC’s prior action against him. The complaint also alleges … Staryk and relief defendants Coto and Global Financial, the CFTC seeks restitution to defrauded customers, disgorgement …
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CFTC Charges Eight Entities for Fraudulently Claiming CFTC Registration
… Futures Trading Commission today announced it filed charges against eight entities for fraudulently claiming to be CFTC-registered futures commission merchants (FCMs) and … violations of the Commodity Exchange Act (CEA) and CFTC regulations. “Today’s actions reflect the CFTC’s …
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CFTC Charges a Trader for Engaging in a Fictitious Sales Scheme
… in a fictitious sales scheme. In its complaint, the CFTC seeks restitution, disgorgement of ill-gotten gains, … further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged. Case Background The complaint … he violated the fictitious sales provisions of the CEA and CFTC regulations.  The CFTC thanks the CME Group for its …
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CFTC Charges KuCoin with Operating Illegal Digital Asset Derivatives Exchange
… multiple violations of the Commodity Exchange Act (CEA) and CFTC regulations.   The complaint charges KuCoin illegally dealt in off-exchange commodity … retail commodity transactions without registering with the CFTC as a futures commission merchant (FCM); failed to …
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CFTC Charges Texas Associated Person with Misappropriation of Nonpublic Information and Execution of Fictitious Trades
… against John Cartwright , a Houston resident. The complaint charges Cartwright, an associated person of introducing … liquid,” said Director of Enforcement Ian McGinley. “The CFTC vigorously pursues those who use their positions for … their customers’ confidential information.” The CFTC seeks monetary penalties, disgorgement, restitution, …
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