The U.S. Commodity Futures Trading Commission (CFTC) has ordered Nasdaq Futures, Inc. to pay a $22 million fine for violating core principles, failing to fully disclose incentives, and providing false and misleading information. The charges relate to Nasdaq's former energy contract market, NFX, which ceased operations in 2019. The allegations include that NFX made false statements to the CFTC about incentive payments to market makers and failed to disclose an incentive program for high-volume traders. A dissenting statement was issued by a CFTC commissioner regarding the settlement order.