The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) has issued conditional, time-limited no-action relief to a banking entity for not counting certain loan-related swaps towards its swap dealer de minimis threshold (under paragraph (4)
The Securities and Exchange Commission has announced that Michael Lauer, the head of two Connecticut-based hedge fund advisors, has been ordered to pay more than USD62m within 15 days a
The US Commodity Futures Trading Commission has filed a civil complaint against California-based defendants Ryan A. Nassbridges, American Bullion Exchange ABEX Corp. and American Bullion Exchange LLC, charging them with fraudulent solicitation and misappropriation in connection with precious metals futures
The Securities and Exchange Commission has filed civil fraud charges against the operators of the Reserve Primary Fund, the money market fund that
The US Commodity Futures Trading Commission has obtained more than USD2.8m in restitution and civil monetary penalties in a federal judgment order against defendants Patrick J. Dailey of California and his company Strongbow Investments of Austin, Texas. The order requires
The US Securities and Exchange Commission (SEC) has charged hedge fund manager Renato Negrin and bond salesman Jon-Paul Rorech with insider trading
The US Commodity Futures Trading Commission has filed a complaint alleging registration violations against Vincent Patrick McCrudden of New York, Alnbri Management, and Managed Accounts Asset Management. McCrudden was the owner and sole officer of New York-based Alnbri and MAAN.
The US Commodity Futures Trading Commission has filed an enforcement action charging Kent R.E. Whitney, a registered floor broker, with making false and misleading statements to Chicago Mercantile Exchange representatives, futures commission merchants and others in connection with a scheme
The US Commodity Futures Trading Commission (CFTC) has filed a complaint in the US District Court for the Western District of Wisconsin charging defendants Jacob Juma Omukwe, JadeFX Ltd (JadeFX) and Jade Investments Group, LLC (Jade), with operating a fraudulent
The US Commodity Futures Trading Commission has filed an enforcement action in the US District Court for the District of Utah, charging MXBK Group, a private Mexican financial services holding company, and its foreign currency trading division, MBFX, with issuing
