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ARTICLE · 28 NOVEMBER 2016

CFTC Publishes Enforcement Results For 2016

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The CFTC released its enforcement results for fiscal year 2016. The Commission filed 68 enforcement actions and obtained approximately $1.29 billion in restitution, disgorgement and penalties.

United StatesFinance and Banking
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The CFTC released its enforcement results for fiscal year 2016. The Commission filed 68 enforcement actions and obtained approximately $1.29 billion in restitution, disgorgement and penalties. The CFTC reported that these actions addressed a "sweeping range of misconduct and market harm."

The CFTC stated that, in addition to bringing other "high-impact cases," it (i) aggressively pursued complex litigation cases charging manipulation, spoofing and the unlawful use of customer funds, (ii) won liability verdicts in jury and bench trials in the U.S. District Court, and (iii) issued a whistleblower award of more than $10 million.

CFTC Chair Timothy Massad issued the following statement:

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