Displaying results 2371 - 2380 of 2823
Federal Court in North Carolina Enters Judgment against Ron Earl McCullough and David Christopher Mayhew in Foreign Currency Ponzi Scheme
… DC - The U.S. Commodity Futures Trading Commission (CFTC) announced that Senior Judge James C. Fox of the U.S. … them from violating the Commodity Exchange Act (CEA) and CFTC regulations, as charged. The Court’s Order stems from a CFTC Complaint filed on February 18, 2014 against McCullough …
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Federal Court Orders New York Firm 4X Solutions, Inc. and Its Principal, Whileon Chay, to Pay More than $10 Million in Disgorgement and a Civil Monetary Penalty for Forex Fraud Ponzi Scheme
… DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that on January 29, 2016, the … with a foreign currency (forex) trading Ponzi scheme (see CFTC Press Release and Complaint 6559-13 , April 8, 2013, CFTC Charges New York Firm 4X Solutions, Inc. and its Principal, …
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2012-935
… SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or ``Commission'') is requesting comment on a … relationships with, a hedge fund or private equity fund (``CFTC Rule''). On November 7, 2011, the Office of the … or other appropriate Agency to impose additional capital charges, quantitative limits, or other restrictions on a …
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Federal Court Orders Utah Resident Kimball Parker and MakeYourFuture, LLC to Pay Customer Restitution and Civil Monetary Penalties for Fraud in Connection with Offering and Selling a Futures Trading System
… DC — The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Bruce S. Jenkins in the … The Consent Order and the Default Judgment arise from a CFTC enforcement action filed against the Defendants on September 21, 2016 (See CFTC Complaint and Press Release: 7469-16 ). Court Finds …
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Commodity Futures Trading Commission’s Technology Advisory Committee to Meet January 27, 2011
… DC – The Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee (TAC) will hold its third meeting on January 27, 2011,at 1:00 p.m. in the CFTC’s Washington, DC headquarters’ Hearing Room. The TAC … remains more important than ever,” TAC Chairman and CFTC Commissioner Scott O’Malia said. “In the over 40 …
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Federal Court Orders Florida-based Mintco LLC and its Owners, Stuart Rubin and Richard Zimmerman, to Pay $340,000 in Civil Monetary Penalties for Engaging in Illegal Off-Exchange Precious Metals Transactions
… Washington DC – The Commodity Futures Trading Commission (CFTC) obtained three related Consent Orders of Permanent … Zimmerman, in the event he seeks to become a principal of a CFTC registrant, to provide promotional materials to the … metals transactions. The Court’s Orders arise from a CFTC enforcement action filed on September 16, 2015, …
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Federal Court in North Carolina Orders Tracy Lee Thomas and His Company, Marbury Advisors Inc., to Pay More than $4.4 Million for Fraudulently Soliciting Customers
… DC – The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Loretta C. Biggs of the U.S. … Order, entered on April 11, 2017 and stemming from a CFTC complaint filed March 22, 2016 (see CFTC Complaint and Press Release 7348-16 ), requires Thomas …
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Federal Court Orders Texas Fraudulent Forex Trader and His Company to Pay Over $940,000
… based in Houston, Texas. The consent order resolves a CFTC action filed on June 9, 2021 alleging fraudulent solicitation and failing to register with the CFTC as required by the Commodity Exchange Act (CEA) and CFTC regulations. [See CFTC Press Release No.  8399-21 ] The …
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Federal Court Orders Charlotte, NC, Couple and Their Companies to Pay $24 Million for Defrauding Customers in Foreign Currency Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced it obtained a federal court … of dollars in a foreign currency (forex) Ponzi scheme (see CFTC Press Release 5689-09 , August 7, 2009). In addition, … required of the relief defendants. According to the CFTC’s complaint, starting in at least June 2008 and …
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Federal Court in Florida Imposes over $35 Million in Sanctions against Florida Company AmeriFirst Management LLC and its Principals, John P. D’Onofrio, George E. Sarafianos, and Scott D. Piccininni, for Fraudulent Precious Metals Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Supplemental Consent Order … with operating a fraudulent precious metals scheme (see CFTC Press Release and Complaint 6655-13 , July 30, 2013). … precious metals transactions and fraud, as charged in the CFTC’s Complaint. The Consent Order also imposes permanent …
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