PANews reported on August 29 that according to a press release issued by the U.S. Commodity Futures Trading Commission (CFTC), Nasdaq Futures, Inc. was fined $22 million by the CFTC for violating core principles, failing to fully disclose incentive plans, and providing false and misleading information. The CFTC investigation found that from July 2015 to July 2018, Nasdaq Futures, Inc. had undisclosed volume-based incentives in its "designated market maker" (DMM) program operating on its designated contract market (DCM), and concealed or denied the existence of such incentives in the rules submitted to the CFTC. The CFTC stated that this behavior seriously violated the Commodity Exchange Act (CEA) and related regulations.