Displaying results 61 - 70 of 90
Morgan Stanley Capital Group, Inc. to Pay a $14 Million Civil Penalty to Settle CFTC Charges that the Company Concealed a Large Block Crude Oil Trade
… and modified trading rules; 2) administer a yearly enhanced training program regarding CFTC and exchange trading rules …
CFTC Orders X-Change Financial Access LLC to Pay a $150,000 Civil Monetary Penalty for Supervisory and Recordkeeping Failures
...May 29, 2018 CFTC Orders X-Change Financial Access LLC to Pay a $150,000 Civil Monetary Penalty for Supervisory and Recordkeeping Failures Washington, DC – The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against X-Change Financial Access LLC (XFA) of Chicago, Illinois, for failure to diligently supervise its employees’…
CFTC Issues Guidance on Factors Used in Evaluating Corporate Compliance Programs in Connection with Enforcement Matters
… (i) the written policies and procedures in effect; (ii) the training of staff; (iii) a failure to cure any previously …
Federal Court in Illinois Orders Futures International LLC and its Chief Operating Officer, Amedeo Cerrone, to Pay $500,000 Penalty for Recordkeeping Violations, False Statements, Unauthorized Trading, and Supervision Failures
… 2012 and that FI and Cerrone did not provide adequate training to employees. Additionally, they failed to …
Federal Court Orders a $500,000 Civil Penalty against Joseph F. Welsh III for Attempted Manipulation of Palladium and Platinum Futures Contracts
… addition, the Order requires Welsh to undertake compliance training and report annual completion thereof to the CFTC …
CFTC Charges National Accounting Firm McGladrey & Pullen, LLP, and Partner David Shane with Failure to Properly Audit One World Capital Group, a Former Registered Futures Commission Merchant
… create a new mandatory continuing professional education training program, focusing on audits of futures commission …
Federal Court Orders Texas-based RFF GP, LLC, KGW Capital Management, LLC, and Kevin G. White to Pay over $7.5 Million for Operating a Fraudulent Commodity Pool
… gym membership, retail purchases, meals, travel, and a dog training service, among other things. In making their …
CFTC Orders the Bank of Nova Scotia to Pay $800,000 Penalty for Spoofing in the Precious Metals Futures Markets
… BNS to take specified steps to maintain and implement training programs and systems and controls to detect and …
CFTC Finds Mizuho Bank, Ltd. Engaged in Spoofing of Treasury Futures and Eurodollar Futures
… misconduct including revising its policies, updating its training, and implementing electronic systems to identify …
Federal Court Orders U.S. Bank National Association to Pay $18 Million to Peregrine Customers
… At that time, U.S. Bank had no policies, procedures or training specifically applicable to FCM customers or …