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CFTC releases annual enforcement results for FY 2017

Jaclyn Jaeger | November 28, 2017

The Commodity Futures Trading Commission brought 49 enforcement-related actions in the fiscal year that ended Sept. 30, 2017, including significant actions to root out manipulation and spoofing and to protect retail investors from fraud, according to the agency’s enforcement results for FY 2017.

CFTC enforcement actions included 29 administrative cases, 17 civil injunctive cases, and three non-prosecution agreements. The manipulation, attempted manipulation, false reporting, and disruptive trading actions included eight actions involving spoofing (including three non-prosecution agreements); two actions involving attempted manipulation; one action involving both spoofing and attempted manipulation; and one action involving a manipulative or deceptive device.

Many of the enforcement actions—12 in total—involved retail fraud. Some enforcement actions, however, involved multiple types of charges. For example, three of the retail fraud actions also involved illegal, off-...

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