CFTC v. Tillage Commodities, LLC (supervision failures, 2017)
Judgment entered
Checked against the primary document on October 2, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.
In 2017, the Commodity Futures Trading Commission issued an order settling charges against Tillage Commodities, LLC. The order charges a commodity pool operator with failing to supervise its fund administrator, which processed several wire transfers from the pool's bank account on requests an unknown party sent from a forged copy of the managing member's email address. The release records a civil penalty of $150,000.
The record
| Agency | CFTC |
|---|---|
| Release number | 7620-17 |
| Date filed | 2017-09-28 |
| Date resolved | 2017-09-28 |
| Status | judgment |
| Criminal parallel | No |
| Defendants | Tillage Commodities, LLC |
| Techniques |
What was ordered
- Civil penalty
- $150k
- Disgorgement
- —
- Prejudgment interest
- —
- Total relief
- $150k
- Alleged gain
- —
What is alleged to have happened
the Commodity Futures Trading Commission announced this matter on September 28, 2017 as release 7620-17. The respondent named is Tillage Commodities, LLC (0 individuals, 1 entity).
This library carries no technique tag on this matter. Spoofing here means a forged email address used in a payment-diversion fraud, not placing orders with no intent to execute them, so no spoofing tag applies.
The order charges a commodity pool operator with failing to supervise its fund administrator, which processed several wire transfers from the pool's bank account on requests an unknown party sent from a forged copy of the managing member's email address.
The relief recorded in our data is a civil monetary penalty of $150,000. Penalty and disgorgement are distinct: disgorgement returns the gain, while the penalty is punitive. We store them separately so that aggregate figures across the library are not double-counted.
For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.
Timeline
- 2017-09-28 CFTC release published
Primary documents
Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.