Tag Archives: Commodities

April CFTC Enforcement Actions: Commodities Fraud, Retail Forex, and Binary Options

April saw the most enforcement actions by the CFTC for the year 2018. Some of these were the typical commodity pool schemes, precious metals schemes, spoofing, and fraud in Retail Forex; yet other enforcement actions involved new technologies such as … Continue reading

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U.S. federal court holds that CFTC can regulate virtual currencies as commodities

On March 6, 2018, in a fraud proceeding involving a virtual currency product, a New York federal court held that virtual currencies can be regulated by the Commodity Futures Trading Commission (CFTC) as commodities. This ruling marks the first federal … Continue reading

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Justice Department Charges Eight Individuals with “Deceptive Trading Practices” on Commodities Markets

On Monday, January 29, 2018, the Justice Department announced charges against eight individuals accused of manipulating U.S. commodities markets for financial gain. Seven of the eight individuals were charged with spoofing. Spoofing refers to a fraud tactic that involves the … Continue reading

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