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:

"The work of the enforcement program, as reflected both in the significance of the actions brought and in the innovation and enhancements implemented, sends a message to the public that the CFTC will continue to vigorously enforce our laws, and that the agency's enforcement staff is well equipped to respond to the new challenges presented by our evolving markets."

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