Violation Tracker Individual Record

Company: 
Tyson Foods, Inc.
Current Parent Company: 
Tyson Foods
Penalty: 
$1,500,000
Year: 
2021
Date: 
August 13, 2021
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The Commodity Futures Trading Commission settled charges against Tyson Foods, Inc. for exceeding the CFTC's position limits for soybean meal futures contracts traded on the Chicago Board of Trade (CBOT) and for failing to comply with reporting and recordkeeping obligations regarding its cash positions in grains. The order required Tyson to pay a $1.5 million civil monetary penalty and to cease and desist from violating the Commodity Exchange Act and CFTC regulations as charged.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Arkansas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
food products
Specific Industry of Parent: 
poultry processing and meatpacking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.