Displaying results 2191 - 2200 of 2823
Federal Court Orders California Resident and His Corporation to Pay Over $5 Million in Restitution and Penalties in a Romance Fraud Scheme
… forex trading and misappropriating customers’ funds. [See CFTC Press Release No. 8726-23 ]. Zhu and Justby, in concert … digital asset commodity and/or forex trading. This is the CFTC’s first judgment related to pig-butchering/romance scam … fraud. The order bans Zhu and Justby from trading in any CFTC regulated markets or registering with the CFTC. It also …
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Swap Dealer Pays Over $6.8 Million for Violations of Swap Dealer Business Conduct Standards
… today issued an order simultaneously filing and settling charges against New York-based, provisionally registered … Conduct Standards in the Commodity Exchange Act (CEA) and CFTC regulations. The violations arise from Mizuho’s failure … and pay a $5 million civil monetary penalty.  “The CFTC’s settlement with Mizuho is the latest in a series of …
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Federal Court Orders Commodity Pool Operators to Pay More Than $23 Million in Restitution and Penalties for Fraud and Misappropriation of Investors Funds
… Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that on December 3, a federal court in … and severally a $100,000 civil monetary penalty in a CFTC enforcement action, filed on June 2, 2016 and charging … solicitation and misappropriation of funds, among other charges. [See CFTC Complaint and Press Release 7382-16 ] …
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Binance Former Chief Compliance Officer, Samuel Lim, Agrees to Pay $1.5 Million for Willfully Evading U.S. Law, and Aiding and Abetting the Illegal Operation of a Digital Asset Derivatives Exchange, and Other Violations
… for the Northern District of Illinois, will resolve all charges the CFTC brought against Lim for violating the Commodity … Binance’s numerous violations of the CEA as detailed in the CFTC filing against Binance today. [See CFTC Press Release …
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Industry Filings
... July 2004 Filings by Designated Contract Markets (DCMs) Date of Letter Date Filed DCM Description 07/30/2004 07/30/2004 NYMEX Listing of Additional Strike Prices for the Gold, Silver, Copper, Heating Oil, Crude Oil, Unleaded Gasoline, Natural Gas and Related Calendar Spread Option Contracts. 07/29/2004 07/29/2004 CME Eurodollar…
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Concurring Statement of Commissioner Dawn D. Stump Regarding Enforcement Action Against Coinbase, Inc.
… provisions of the Commodity Exchange Act (CEA) and the CFTC’s rules based on:   1) reporting false, misleading, or … to ensure the public is not misled to believe that the CFTC regulates exchanges such as Coinbase.   It does not.   … on digital assets traded at that time; and The settled charges are based largely on conduct that is several years …
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Federal Court Orders Estonian Forex Dealer to Pay over $10 Million in Sanctions for Defrauding U.S. Customers and Orders Introducing Broker that Solicited for Dealer to Pay $85,000 Penalty
… DC -The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge David Nuffer of the U.S. District … the CEA, as charged.   The Court’s Orders stem from a CFTC Complaint filed on May 30, 2017 (see CFTC Complaint and Press Release 7568-17 : CFTC Charges Estonian Company Tallinex with Fraud and Failure to …
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Manuel F. Cohen Endowed Lecture by Commissioner Kristin Johnson at George Washington University Law School
… th anniversary of the Commodity Futures Trading Commission (CFTC) where I currently and proudly serve as a Commissioner. … continue to work the cases. [8] Supervisory Technology The CFTC staff includes surveillance analysts, forensic … . [24] See, e.g., CFTC Release No. 7156-15, CFTC Charges U.K. Resident Navinder Singh Sarao and His Company …
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Statement of Commissioner Caroline D. Pham on Swap Data Reporting Settlement Order and the Examination Process
… I am pleased that the CFTC has provided substantial credit to Barclays Bank PLC, a … Futures Association (NFA) exam and self-disclosed to the CFTC pursuant to the swap dealer annual compliance report … and does not find evidence that substantiates the alleged charges—meaning there is no proof of fraud or …
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Testimony Before the U.S. House Committee on Agriculture
… Testimony before the U.S. House Committee on Agriculture CFTC Chairman Gary Gensler July 25, 2012 Good morning … I will review the Commodity Futures Trading Commission’s (CFTC) implementation of the Dodd-Frank Wall Street Reform … advised the court that they intended to file more criminal charges in the future. The CFTC’s complaint, along with the …
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