The Commodity Futures Trading Committee (CFTC) has charged 12 New York-based crypto options businesses with allegedly declining to register with the regulatory trunk.

In a Thursday press release, the CFTC outlined that it is charging 14 entities in total, with the 12 crypto-focused firms all on the hook for failing to annals equally futures commission merchants (FCMs). All of the firms were "allegedly based in New York." The other 2 companies take allegedly posted misleading information near their National Futures Association (NFA) membership and registration with the CFTC.

The listed crypto options providers include relatively unknown names such as Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Merchandise — the latter of which is unaffiliated with the major global exchange Binance despite its name.

"Today's deportment reflect the CFTC's dedicated efforts to aggressively root out bad actors falsely challenge to concur legitimate registrations and protect the trading public," said Sectionalization of Enforcement Acting Director Vincent McGonagle.

Firms offer exposure to commodities via futures are required to annals equally an FCM with the CFTC. The committee regulates the scope of derivatives markets, which includes futures contracts, options and swaps, but does not oversee the spot markets for ordinary traders.

The derivatives market regulator has had a busy week afterward it slammed the enforcement hammer down on Kraken on Tuesday, ordering it to pay $1.25 one thousand thousand worth of ceremonious penalties over allegations of Commodity Exchange Act violations.

On Wednesday, Cointelegraph reported that CFTC commissioner Dan Berkovitz volition exist joining the Securities and Commutation Committee (SEC) as general counsel following his departure in Oct. Berkovitz will reportedly work with SEC chair Gary Gensler on a "regulatory agenda that will enhance investor protection."

Related: CFTC commissioner: Agency doesn't have enforcement resource without Congress

Last month, crypto derivatives exchange BitMEX agreed to pay a civil penalty of $100 one thousand thousand to the CFTC and FinCEN for "for illegally operating a cryptocurrency trading platform and anti-money laundering violations."