Displaying results 2041 - 2050 of 2823
2010-27532
… The Commodity Futures Trading Commission (Commission or CFTC) is proposing rules to implement new statutory … Web Site, via its Comments Online process: http:// comments.cftc.gov. Follow the instructions for submitting comments … The effect on competition, including appropriate fees and charges applied to clearing; and (E) The existence of …
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Federal Court in California Orders Forex Liquidity LLC to Pay $400,000 for Failing to Maintain Required Net Capital and Books and Records
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a consent order of … Calif., to pay a $400,000 civil monetary penalty to settle CFTC charges that it was undercapitalized and failed to maintain …
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Commodity Pool Operator Sentenced to 17 Years’ Incarceration for Fraud
… Jr ., one of three Principal Defendants charged by the CFTC for the fraudulent operation of Capital Blu Management, … million commodity pool. The two other Co-Defendants in the CFTC action, Blayne Davis and Damien Bromfield , earlier pleaded guilty to similar criminal charges. B. Davis was sentenced to 9 years in prison; …
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U.S. Commodity Futures Trading Commission Seeks to Revoke the Registration of New York Foreign Currency Trader Udo Rotmistrenko
… Previously Suspended Based on Pending Federal Criminal Charges Washington, D.C. – The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has commenced an action … New York, seeking to revoke his registrations with the CFTC.  The CFTC action, Notice of Intent to Revoke …
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Georgia Court Orders CRE Capital Corp. and its Owner James G. Ossie to Pay $25.7 Million in Foreign Currency Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained $25.7 million in … James G. Ossie of Dawsonville, Ga. The order resolves a CFTC enforcement action brought on January 15, 2009, that … on CRE and Ossie. Last year, Ossie pled guilty to criminal charges based on the same conduct alleged in the CFTC’s …
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Honolulu-based Marvin Cooper and His Company, Billion Coupons, Inc., Ordered to Pay More than $6.2 Million in Sanctions in Connection with Ponzi Scheme Targeting the Deaf Community
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained more than $6.2 … Billion Coupons, Inc . (BCI), both of Honolulu, Hawaii. The CFTC charged defendants with operating a $4 million foreign … District Court for the District of Hawaii, stems from a CFTC enforcement action in February 2009 (see CFTC Press …
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Federal Court Issues Preliminary Injunction against Virginia Resident Ronald W. Smith, Jr., Doing Business as Safeguard 3030 Investment Club, in Forex Fraud Scheme
… DC — The U.S. Commodity Futures Trading Commission (CFTC) obtained a preliminary injunction against defendant … the defendant also appeared. The order, arising from a CFTC anti-fraud enforcement action against Smith filed on … entered the order on March 5, 2010. The CFTC’s complaint charges Smith with fraudulently soliciting at least $800,000 …
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Federal Court Permanently Bans and Imposes an over $300,000 Penalty Against Foreign Trading Platform for Offering Illegal Leveraged Transactions in Ether, Litecoin, Bitcoin and Precious Metals
… The order, entered on June 30, 2021, stems from a CFTC complaint filed on September 24, 2020, that charged … and acting as a futures commission merchant (FCM) without CFTC registration as required. [See CFTC Press Release No. 8256-20 ]  The order finds that from …
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Texas Federal Court Issues Order Freezing Assets of Mark Rice and His Houston Company, Financial Robotics
… of Mark Rice and His Houston Company, Financial Robotics CFTC charges the defendants with forex solicitation fraud. … DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in Houston …
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Federal Court Orders North Carolina Resident Michael Anthony Jenkins and his Company, Harbor Light Asset Management, to Pay over $5.2 Million for Solicitation Fraud, Misappropriation, and Embezzlement in a Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James C. Fox of the U.S. … them from violating the Commodity Exchange Act and CFTC Regulations, as charged. The Order stems from a CFTC Complaint filed on November 20, 2012 (see CFTC Press …
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