OTC MARKET NEWS Powered By Quantifi

CFTC enforcement actions down significantly from previous fiscal year 

November 27, 2017

P&I Online, Rick Baert

"The Commodity Futures Trading Commission received $412.7 million in penalties from 49 enforcement actions in the latest fiscal year ended June 30, well below the $1.29 billion received from 68 actions in the previous fiscal year.

In the most recent fiscal year, the CFTC obtained $333.8 million in penalties and $78.9 million in restitution and disgorgement, the agency said in a news release. More than $265 million was deposited at the U.S. Treasury as a result of the penalties assessed, the CFTC said.

Retail theft accounted for the largest number of enforcement actions in fiscal 2017, at 20. Twelve actions involved manipulation, false reporting and disruptive trading, while seven involved reporting and record-keeping violations."

Read more


Comments are closed on this post.


Submit your email to receive our newsletter