Displaying results 2121 - 2130 of 2823
Cantor Fitzgerald Sanctioned $700,000 for Allowing Customer Funds to Become Under-Segregated
… Cantor also charged for failing to timely notify the CFTC of under-segregation Washington, DC ― The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing and simultaneous settlement of charges against Cantor Fitzgerald & Co., Inc. (Cantor), of …
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Federal Court in New York Imposes a $26 Million Civil Monetary Penalty against Mark Evan Bloom and his Company, North Hills Management, LLC, for Commodity Pool Fraud
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge John G. Koeltl of the U.S. … LP (North Hills) and misappropriating customer funds (see CFTC Press Release and Complaint 5622-09 , February 25, … (S.D.N.Y.)). On July 30, 2009, Bloom pleaded guilty to the charges and is currently awaiting sentencing. The plea …
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Federal Court Orders Chicago Resident Christopher Varlesi to Pay over $1.3 Million to Settle Ponzi Scheme Fraud and Misappropriation Action
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court Order … Exchange Act (CEA), as charged. The Order stems from a CFTC Complaint filed March 7, 2012, charging Varlesi with … pool funds, and failing to register with the CFTC as a Commodity Pool Operator (see CFTC Press Release …
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Federal Court in Austin, Texas Orders Australian Defendants to Pay over $192 Million in Restitution and Fines for Forex Fraud
… DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court default judgment Order … further violating the Commodity Exchange Act (CEA) and a CFTC regulation, as charged. The Order stems from a CFTC Complaint filed on September 18, 2012, that charged …
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Federal Court in Massachusetts Orders Lyndon Parrilla to Pay over $17 Million in Disgorgement, Restitution, and a Penalty in Forex Fraud Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order awarding restitution … further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged. The Order stems from a CFTC Complaint filed on April 12, 2011, that charged …
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New York Federal Court Judgment Concludes Multi-Million Dollar Foreign Currency (Forex) Fraud Action Brought by the U.S. Commodity Futures Trading Commission
… D.C. — The U.S. Commodity Futures Trading Commission (CFTC) announced today that on April 10, 2007, the Honorable … against Miami, Florida area resident Lyle Wexler settling charges that the defendant fraudulently solicited customers … currency (forex) options contracts. The order stems from a CFTC complaint filed on May 19, 2005 (see CFTC News Release …
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Federal Court Orders California Residents Joseph Dufresne, Megan Renkow, and Their Companies to Pay More than $4.9 Million in Restitution and a Monetary Penalty for Fraud in Connection with Offering and Selling Futures Trading Strategies and Systems
… Washington DC — The Commodity Futures Trading Commission (CFTC) obtained a Consent Order against Defendants Joseph … among other things, trading in any market regulated by the CFTC and from applying for registration or claiming … 2016 (see CFTC Complaint and Press Release: 7464-16 , CFTC Charges California Residents Joseph Dufresne, Megan Renkow, …
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Federal Court Sanctions Australian Trader for Spoofing and Engaging in a Manipulative and Deceptive Scheme
… of Illinois entered a consent order on June 4, resolving CFTC charges that Jiongsheng Zhao , a trader based in … market in violation of the Commodity Exchange Act (CEA) and CFTC regulations. The order prohibits Zhao from trading in …
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Opening Statement, Fourteenth Series of Proposed Rulemakings Under the Dodd-Frank Act
… them on a portfolio basis. Congress gave the SEC and the CFTC a mandate under Section 713 of the Dodd-Frank Act to … direction as it relates to the application of capital charges on end-users. With that said, I want to read the … With that said, I also believe the recently released CFTC Inspector General’s Report on Cost-Benefit Analysis has …
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Federal Court in Texas Orders Christopher B. Cornett to Pay over $17 Million in Sanctions in Foreign Currency Fraud Action
… DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order … commodities law, as charged. The court’s order stems from a CFTC complaint filed on February 2, 2012, charging Cornett … pool participants’ funds, and failing to register with the CFTC as a commodity pool operator (see CFTC Press Release …
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