Page 17 - 期貨和衍生品行業監管動態（2024年5月）
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期貨和衍生品行業監管動態
The Commodity Futures Trading Commission today issued an order
simultaneously filing and settling charges against Falcon Labs, Ltd., an entity
organized under the laws of the Seychelles, for failing to register with the CFTC as a
futures commission merchant (FCM), as required. This marks the CFTC's first action
against an unregistered FCM that inappropriately facilitated access to digital asset
exchanges.
Falcon Labs is ordered to cease and desist from acting as an unregistered FCM
by providing U.S. persons access to digital asset derivatives trading platforms. The
order also requires Falcon Labs to pay $1,179,008 in disgorgement and a $589,504
civil monetary penalty. The reduced civil monetary penalty reflects Falcon Labs’
substantial cooperation with the CFTC’s Division of Enforcement, as detailed in the
order.
“The CFTC’s enforcement program has made clear it will not tolerate digital
asset exchanges that fail to register with the CFTC or comply with the agency’s rules
that maintain integrity in the derivatives markets,” said Director of Enforcement Ian
McGinley.
“And now the CFTC is taking the fight one step further by, for the first time,
charging an intermediary that inappropriately facilitated access to those exchanges.
Today’s action highlights that the CFTC will not hesitate to charge any
entities—exchanges or intermediaries—who are providing customers access to digital
asset products and services that require registration but have failed to appropriately
register.
“In recognizing Falcon Labs substantial cooperation and remediation in this
order in the form of a lower penalty, the CFTC hopes to encourage other digital asset
intermediaries operating illegally to come forward and report their activities to the
agency.”
Case Background
7
