The US Commodity Futures Trading Commission has obtained more than USD27m in remaining restitution and permanent injunctions in consent orders that settle its fraud charges against Mart
The US Commodity Futures Trading Commission has obtained an order against Christopher Smithers, Jack Smithers and Prosperity Consultants determining that all three are jointly and sever
National Futures Association (NFA) has ordered commodity pool operator Belvedere Asset Management to permanently withdraw from NFA membership. NFA also has ordered the firm's chief executive officer, principal and associated person (AP), Keith D Pagan, to withdraw from NFA membership
The SEC has filed insider trading charges against a New Jersey-based hedge fund manager who allegedly used material, nonpublic information to trade in advance of market-moving news concerning Carter's Inc. Stephen Slawson, who lives in Lebanon, New Jersey (NJ), and
Court-appointed receiver John J Carney has received authorisation for a USD264 million distribution plan for the receivership estate of Michael Kenwood Capital Management and related entities. The plan was approved by the Honorable Janet Bond Arterton of the US District
The SEC has sanctioned a high frequency trading firm for placing a large number of rapid-fire trades in the final two seconds of trading each day to manipulate the closing prices of NASDAQ-listed stocks. This marks the first high frequency
The National Futures Association (NFA) has revoked the registration of Joel W Himel of Vernon Hills, Illinois, a floor trader at the Chicago Board of Trade (CBOT). A designated sub-committee of NFA's membership committee issued the final order revoking registration
The Securities and Exchange Commission (SEC) has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the centre of the scheme. The SEC alleges that
The Commodity Futures Trading Commission is including positions of ICE Futures Europe exchange traders of West Texas Intermediate Crude Oil contracts in its weekly Commitments of Trader
The US CFTC has issued a time-limited no-action letter stating that it will not take enforcement action against Singapore Exchange Derivatives Clearing Limited (SGX-DC) for failure to comply with the applicable swap data reporting requirements of Commission Regulations 45.3 and
