Observations on what these charges may signal for prediction markets, for the government’s evolving enforcement toolkit, and for market participants.
CEA 1936 Rule 6(c)(1)
The CFTC asserts itself in previously murky regulatory waters.
A Florida man and his firm were fined and received trading bans arising from a fictitious natural gas block-trade scheme.
The investment fraud, which operated out of a scam call center in Israel, stole millions from unaware customers.