Law and Regulation
2008 Enforcement Actions
The CFTC Division of Enforcement investigates and prosecutes alleged violations of the Commodity Exchange Act and Commission regulations. The CFTC takes enforcement actions against individuals and firms registered with the Commission, those who are engaged in commodity futures and option trading on designated domestic exchanges, and those who improperly market futures and options contracts.
Cooperation Factors in Enforcement Division Sanction Recommendations
(originally published 2004; revised March 1, 2007, see CFTC Press Release 5296-07)
May 2, 2008
May 1, 2008
April 30, 2008
April 30, 2008
April 22, 2008
April 21, 2008
April 9, 2008
April 9, 2008
April 8, 2008
April 7, 2008
March 27, 2008
March 18, 2008
March 17, 2008
March 12, 2008
March 6, 2008
March 5, 2008
February 21, 2008
February 21, 2008
February 20, 2008
February 14, 2008
February 14, 2008
February 14, 2008
February 12, 2008
February 8, 2008
February 7, 2008
February 7, 2008
February 7, 2008
New Jersey Court Order Imposes More Than $30 Million in Sanctions against Coyt E. Murray, Tech Traders, Inc., Tech Traders, Ltd., Magnum Investments, Ltd., and Magnum Capital Investments, Ltd. in Anti-Fraud Action Brought by the CFTC
Opinion: Equity Financial Group LLC, et al,
January 24, 2008
January 23, 2008
January 22, 2008
January 16, 2008
January 15, 2008
January 10, 2008
January 9, 2008
Florida Federal Court Imposes More than $16 Million in Sanctions against Two South Florida Corporations and Pompano Beach Resident Ted Romeo in Commodity Options Fraud Case
Order: Leslie Weiner
January 8, 2008
January 3, 2008
- Memorandum and Order: Lake Shore Asset Management Limited, et al.
- CFTC Files Second Amended Complaint Charging Philip J. Baker, Lake Shore Asset Management Limited, Lake Shore Group, and Several Commodity Pools with Fraud
- Illinois Federal Court Freezes Assets of Lake Shore Asset Management Limited; Court Finds that the Lake Shore Common Enterprise Committed Fraud
- Federal Court Extends CFTC Asset Freeze over Hedge Fund Lake Shore Asset Management Limited
- CFTC Files Contempt of Court Motion Against Hedge Fund Lake Shore Asset Management Limited
- Lake Shore Asset Management Limited, a Registered Commodity Pool Operator and Commodity Trading Advisor, Charged with Refusing to Make Its Books and Records Available to CFTC for Inspection
New Jersey Federal Court Freezes Assets of Hedge Fund in Fraud Action Brought by the CFTC, 5491-08
- Order: Walter, Scott, Lev & Associates, LLC, et al.
- Order: First Lexington Group, LLC et. al.
- Fifteen Defendants from “Operation Wooden Nickel” Ordered by the Court to Pay Restitution, Return Ill-Gotten Gains, and Pay Fines Totaling over $25 Million
- Nine Defendants from “Operation Wooden Nickel” Ordered to Pay Restitution, Return Ill-Gotten Gains, and Pay Fines Totaling More Than $14,000,000
- Customer Protection
- File a Complaint or Report Suspicious Activities
- Fraud Advisories
- Order: Walter, Scott, Lev & Associates, LLC, et al.
CFTC Sanctions Alaron Trading Corporation for Failing to Supervise Diligently Employees, 5488-08
- Order: Forefront Investments Corp., d/b/a CFG Trader, et al.
- U.S. Commodity Futures Trading Commission Files Action Against Futures Commission Merchant Forefront Investments Corporation d/b/a CFG Trader For Failure to Maintain the Minimum Amount of Net Capital Required by Federal Law
- Notice To Customers Of Forefront Investments Corp. D/B/A/ CFG Trader
- Complaint: Forefront Investments Corp., d/b/a CFG Trader, et al.
- Complaint: Lake Shore Asset Management Limited, et al
- Lake Shore Asset Management Limited, a Registered Commodity Pool Operator and Commodity Trading Advisor, Charged with Refusing to Make Its Books and Records Available to CFTC for Inspection
- CFTC Files Contempt of Court Motion Against Hedge Fund Lake Shore Asset Management Limited
- Federal Court Extends CFTC Asset Freeze over Hedge Fund Lake Shore Asset Management Limited
- Illinois Federal Court Freezes Assets of Lake Shore Asset Management Limited; Court Finds that the Lake Shore Common Enterprise Committed Fraud
Michigan Couple Ordered to Pay More Than $3.1 in Sanctions for “Private Hedge Fund” Fraud, 5451-08
CFTC Seeks to Revoke the Registration of Fort Lauderdale-based Worldwide Clearing, LLC, 5431-08
Last Updated: September 7, 2007