cftc

May 28, 2021

LJM Funds Management Founder’s Statement

LJM Funds Management Founder’s Statement in response to SEC and CFTC Actions (STL.News) We published two announcements yesterday regarding LJM Fund Management.  Article titles and links are listed below: CFTC Charges LJM Funds Management and More SEC Charges LJM Funds Management, Ltd The following statement was provided to us: Anthony...

Read More
May 6, 2021

CFTC Issues Order of Registration

CFTC Issues Order of Registration to Mercado Mexicano de Derivados, S.A. de C.V., to Permit Trading by Direct Access from the U.S. Washington, DC (STL.News) The Commodity Futures Trading Commission (CFTC) announced Wednesday that it had issued an Order of Registration to Mercado Mexicano de Derivados, S.A. de C.V. (MexDer),...

Read More
February 22, 2021

Avinash Singh Indicted For Over $57M In Investment Fraud

Operator Of Highrise Advantage, LLC, Avinash Singh Indicted For Over $57 Million In Investment Fraud Orlando, FL (STL.News) United States Attorney Maria Chapa Lopez announces the return of an indictment charging Avinash Singh (38, Orlando) with 10 counts of wire fraud and 6 counts of money laundering.  Singh faces a...

Read More
November 30, 2020

CFTC and CONSOB Sign MOU for Supervision of Cross-Border Firms

Washington, DC (STL.News) The Commodity Futures Trading Commission and the Commissione Nazionale per le Società e la Borsa (CONSOB) today announced the signing of a Memorandum of Understanding (MOU) regarding cooperation and the exchange of information in the supervision and oversight of regulated firms that operate on a cross-border basis...

Read More
September 19, 2020

CFTC Grants Nasdaq Futures, Inc. Request to Vacate DCM Designation

Washington, DC (STL.News) The Commodity Futures Trading Commission announced today that it issued an order vacating the designation of Nasdaq Futures, Inc. (NFX) as a designated contract market (DCM).   The order was issued at the request of NFX.  The CFTC had granted NFX designation as a contract market on November...

Read More
September 5, 2020

CFTC Awards Whistleblower for Exposing Ongoing Fraud

Washington, DC (STL.News) The Commodity Futures Trading Commission Friday announced it has issued a whistleblower award to an individual whose information led the Commission to open an investigation into ongoing fraudulent activity and successfully bring an enforcement action.  In addition to the initial tip, the whistleblower also provided extensive assistance,...

Read More
September 2, 2020

CFTC Charges 20 Entities for Making False Registration Claims

Washington, DC (STL.News) The Commodity Futures Trading Commission today announced the filing of charges against 20 entities for making false and misleading claims of having CFTC registration and National Futures Association (NFA) membership required to offer services related to trading in foreign exchange (forex), digital assets, and derivatives.  Each complaint...

Read More
August 19, 2020

CFTC Orders The Bank of Nova Scotia to Pay $127.4 Million

CFTC Orders The Bank of Nova Scotia to Pay $127.4 Million for Spoofing, False Statements, Compliance and Supervision Violations Record Civil Monetary Penalties Levied for Spoofing, False Statements, and Swap Dealer Compliance and Supervision Violations Washington, DC (STL.News) The Commodity Futures Trading Commission today issued three orders filing and settling...

Read More
August 10, 2020

CFTC Orders Interactive Brokers LLC to Pay More Than $12 Million for Anti-Money Laundering and Supervision Violations

First Case to Charge Violations of CFTC’s Bank Secrecy Act Compliance Regulations Washington, DC (STL.News) The Commodity Futures Trading Commission today filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant (FCM), for failing to diligently supervise its officers’, employees’, and agents’ handling of several commodity...

Read More
July 23, 2020

CFTC Approves Final Swap Dealer Capital Rule at July 22 Open Meeting

CFTC Completes All Required Rulemakings Under Section 731 of the Dodd-Frank Act Washington, DC (STL.News) The Commodity Futures Trading Commission at its open meeting Wednesday approved a final rule regarding new capital and financial reporting requirements for swap dealers (SDs) and major swap participants (MSPs).  Adoption of this rule marks...

Read More
July 22, 2020

CFTC Announces Whistleblower Awards Totaling More Than $1 Million

Washington, DC (STL.News) The Commodity Futures Trading Commission today announced it will award more than $1 million to two whistleblowers who voluntarily provided original information that led the Commission to bring a successful enforcement action.  The CFTC opened an investigation after the first whistleblower’s information was deemed to be sufficiently...

Read More