Displaying results 21 - 30 of 90
CFTC Orders New York-Based Commodity Pool Operator and Commodity Trading Advisor to Pay $400,000 Penalty for Supervision Failures
… impact of BBL’s orders.  Although BBL also conducted annual training, that training did not provide adequate guidance to BBL personnel …
Texas Resident Aden Rusfeldt and Rusfeldt Investments LLP to Pay More Than $3 Million in Penalties in Currency Fraud Case
… the www.easytrading.biz website to purchase a forex trading training course and to speculate in forex futures trading … profits from the market like clockwork.” In addition, some training offered to a “limited” number of clients was …
CFTC Sanctions MF Global Inc. $10 Million for Significant Supervision Violations between 2003 and 2008
… and procedures to enhance risk monitoring procedures, training, compliance procedures and compliance audit … MF Global further failed to provide appropriate supervisory training to the Branch Office supervisors in the office …
CFTC Orders Mitsubishi Corporation RtM Japan Ltd. to Pay $500,000 for Spoofing
… who allow their employees to test the markets for training or other inappropriate purposes will be held … system to screen for suspicious trades, overhauling its training program, and retaining a third-party expert to …
CFTC Orders RBC Capital Markets, LLC to Pay $5 Million for Supervisory Failures Resulting in Illegal Trades and Other Violations
… respond, follow up with the exchange, or provide any formal training until at least May 2015.  Notably, as the order … address the requirements of EFPs; there was no formal training on EFPs; and RBCCM failed to adequately monitor for …
CFTC Orders North Carolina Man and His Company to Pay $2.6 Million for Fraudulent Solicitation, Pool Fraud, and Failure to Register
… also provided client testimonials and depicted training videos created using “demo” trading accounts … the fraudulent solicitations for binary options signals, trainings, and strategy course offerings. The CFTC thanks …
Federal Court Orders California Precious Metals Firm and Its Owners to Pay $38 Million for Commodity Fraud and Registration Violations
...Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Central District of California entered a consent order for permanent injunction, monetary sanctions, and equitable relief against Monex Deposit Company, Monex Credit Company, Newport Services Corporation, and their owners Louis Carabini and Michael Carabini. The order requires the…
CFTC Orders StoneX Markets LLC to Pay $650,000 for Violations of Swap Business Conduct Standards
...Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against StoneX Markets LLC (StoneX), a registered swap dealer, for violations of the CFTC’s Business Conduct Standards applicable to swap dealers. Specifically, the CFTC found that StoneX failed to disclose thousands of Pre-Trade Mid-Market Marks (PTMMM), in violation of…
CFTC Announces the Appointment of Jeff Harris as Chief Economist
… economic research, expert testimony, education and training. “I am pleased to announce Jeff’s new role at the …
CFTC Orders Logista Advisors LLC to Pay $250,000 for Supervision Failures Related to Spoofing on a Foreign Futures Exchange
… September 2013 through September 2014 was given inadequate training, direction, and supervision, which resulted in him …