The company allegedly made more than $5 million in profits and savings from improper wheat futures trading.
A critic of the SEC's move says it is "the latest in what has become the story of the ETF product development run amok."
In a settlement of a CFTC lawsuit, the former New Jersey governor also agreed to a lifetime ban from the futures industry.
The SEC says Haena Park misrepresented her trades were profitable while losing more than $16 million in investor funds since 2012.
The CFTC's enforcement action against an exchange suggests trading of cryptocurrency futures and options will now be subject to its regulations.
Given the continued negative impact of commodity price volatility on their results, companies are increasingly hedging to lower their costs.
