The US Commodity Futures Trading Commission (CFTC) has obtained a federal default judgment order requiring defendant Richard D.Theye of Austin, Texas, to pay more than USD6.2 million in restitution and civil monetary penalties for operating a commodity pool Ponzi scheme.
The US Commodity Futures Trading Commission has obtained a federal court order requiring Blue Sky Capital Management and its principal, Gregory M Schneider, jointly and severally to pay a USD140,000 civil monetary penalty for making false statements to representatives of
New York-based investment advisory firm ICP Asset Management and its founder and president Thomas C. Priore have agreed to settle the Securities and Exchange Commission’s charges that they defrauded several collateralised debt obligations (CDOs) they managed. ICP, Priore, and related
The US Commodity Futures Trading Commission has filed an emergency court action to freeze assets under the control of Nikolai S Battoo, BC Capital Group, BC Capital Group International, BC Capital Management and BC Capital Group Holdings. The action
SS&C GlobeOp has filed the initial Form PF for clients using its Form PF service offering. Wednesday 29 August was the first deadline for funds of over USD5bn in regulatory assets under management to file Form PF with the Securities
A court order has frozen assets held by Minnesota residents Trevor G. Cook and Patrick Kiley, and their companies Oxford Global Advisors, Oxford Global Partners, Universal Brokerage FX and Universal Brokerage FX Diversified, all charged with fraud and misappropriation in
The US Commodity Futures Trading Commission has obtained a court order freezing the assets of William Charles Guidry of Jacksonville, Florida, Matthew Brian Pizzolato of Tickfaw, Louisiana, and Capital Funding Consultants of Covington, Louisiana. The court’s order also prohibits the
The US Commodity Futures Trading Commission has filed a notice of intent to revoke the registrations of Linda Faye Harris, CDH Forex Investments and CDH Global Holdings, all of Flower Mound, Texas. CDH Forex is a registered commodity pool operator
The Hedge Fund Association (HFA) has asked the Securities and Exchange Commission in a comment letter to specifically tell private fund managers what they will need to do to safely verify whether investors are accredited, should they want to advertise
The US Commodity Futures Trading Commission has announced that Judge James D Whittemore of the US District Court for the Middle District of Florida has entered an emergency order freezing the assets of defendant William Jeffery Chandler of Ft Myers,
