Adjustments of Civil Monetary Penalties for Inflation (CFTC Final Rule - Fed. Reg. Version)

The CFTC is amending its rule that governs the maximum amount of civil monetary penalties to adjust for inflation. This rule sets forth the maximum, inflation-adjusted dollar amount for civil monetary penalties ("CMPs") assessable for violations of the Commodity Exchange Act ("CEA") and Commission rules, regulations and orders thereunder. The rule, as amended, implements the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996.

Penalties may increase by $25,000 each.

Cross-Reference(s): Commodity Exchange Act Sections 6(c) and 6(d); Dodd-Frank Section 753 (Anti-manipulation authority).

Effective Date: October 25, 2012.

View rule in full here (links externally to GPO website).