Page 56 - 期货和衍生品行业监管动态（2022年10月）

期货和衍生品行业监管动态

The CFTC’s FY 2022 litigation success is further reflected in the following
results:

 After a 5-day trial, the CFTC won a jury verdict against a portfolio

manager finding he engaged in fraud when he misrepresented how he

managed risk in the fund.

 After a 5-day trial, the CFTC won a verdict finding a block trade

broker and AP liable for secretly taking the other side of their customers’

orders without consent 65 times and disclosing their customers’ confidential

order information, and finding the broker liable for failure-to-supervise and

recordkeeping violations. The jury awarded a total of $7.5 million in civil

monetary penalties.

 Two defendants, charged in connection with a fraudulent forex and

digital asset scheme, settled mid-trial as the CFTC presented its evidence
against the defendants. The settlement order requires the defendants to pay

$1.2 million in restitution and a $600,000 civil monetary penalty.

 The CFTC won on summary judgment in an enforcement action,

charging defendants with engaging in a fraudulent scheme involving an

options trading program. The U.S. District Court ordered defendants to pay

restitution and disgorgement totaling more than $6 million.

Cooperation with Criminal and Regulatory Authorities

To effectively protect markets, participants, and customers, the CFTC continued

its emphasis on coordination and parallel actions with criminal authorities and

regulatory partners domestically and internationally. This was critical to deterring

violators, punishing misconduct, preserving market integrity, and protecting market

participants.

Illustrative of these efforts was the filing of a joint enforcement action by the

CFTC and 27 state securities regulatory agencies that are members of the North

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