CFTC Reviews 2020 Enforcement Results

The CFTC Division of Enforcement (the "Division") reported on key metrics from the past year, including the number of cases filed and the amount of relief provided.

In its 2020 Annual Report, the Division reported:

• the filing of 113 enforcement actions, the largest number of enforcement actions in CFTC history;
• awards of more than $1.3 billion in monetary relief, representing the fourth-highest total of monetary relief in CFTC history;
• significant filings of spoofing-related enforcement actions;
• that 65 percent of all enforcement action cases involved commodities fraud, manipulative conduct and/or spoofing-related charges (described by the Division as some of the most "pernicious" forms of market misconduct);