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ARTICLE · 29 NOVEMBER 2017

CFTC Releases FY 2017 Enforcement Results

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The CFTC brought 49 total actions, including 20 for retail fraud and 12 for manipulation, attempted manipulation, false reporting, or disruptive trading.

United StatesFinance and Banking
Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
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The CFTC released its enforcement results for the 2017 fiscal year.

The CFTC:

  • brought 49 total actions, including 20 for retail fraud and 12 for manipulation, attempted manipulation, false reporting, or disruptive trading;
  • obtained $333,830,145 in civil monetary penalties and $78,896,162 million in restitution and disgorgement orders (for a total of $412,726,207, of which the CFTC collected and deposited more than $265 million);
  • implemented new rules and procedures to protect and encourage whistleblowers; and
  • issued new cooperation advisories and realigned the market surveillance unit to strengthen the enforcement program.

CFTC Chair J. Christopher Giancarlo praised the enforcement program's progress made through FY 2017:

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