The Commodity Futures Trading Commission (CFTC) has filed and simultaneously settled charges against Timothy Michael Murphy of Redding, Connecticut, and his New York-based company, Centurion Global Capital Management LLC (CGCM), for fraudulently soliciting at least 40 customers to participate in
Advise Technologies, a software solutions provider for global regulatory compliance, has launched the CPO-PQR and CTA-PR reporting module for its Consensus RMS suite of regulatory reporting solutions. Forms CPO-PQR and CTA-PR are new reporting requirements for CFTC registered commodity pool
Dion Global Solutions has launched its Foreign Account Tax Compliance Act (FATCA) solutions. Comprising two integrated products, FATCA FORCE and FATCA TRAC, the Dion product suite offers a complete solution to the forthcoming FATCA regulations, and is designed to support
The US Commodity Futures Trading Commission (CFTC or Commission) has approved the application of ICE Trade Vault, LLC for provisional registration as a swap data repository. The decision is pursuant to section 21 of the Commodity Exchange Act and section
Washington State residents Sung Hong a/k/a Lawrence Hong or Laurence Hong, his wife, Hyun Joo Hong a/k/a/ Grace Hong, and their company Pishon Holding, are to pay more than USD1.25 million in restitution in connection with an enforcement action brought
A federal court in California has entered a consent order that requires defendants Douglas Elsworth Wilson of Poway, California, and three companies he controls and manages, Elsworth Berg Capital Management (EBCM), Elsworth Berg Inc, and Elsworth Berg FX jointly and
The Commodity Futures Trading Commission (CFTC or Commission) has released findings of limited reviews of futures commission merchants (FCMs) to assess compliance with requirements to segregate customer funds pursuant to Section 4d of the Commodity Exchange Act (ACT). The limited
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action (Complaint) against the principals of Berkley Capital Management, a binary options trading firm with offices in the US and the Netherlands and two pools that operated as Delaware
Financial advisors and investors are set to benefit from new Category Definitions for Alternative Funds implemented by the Canadian Investment Funds Standards Committee (CIFSC). They replace the single blanket ‘Alternative Strategies’ category, which applied to all alternative funds irrespective of
A US court has entered a permanent injunction against Cornerstone Capital Management, a New York-based hedge fund operator, and its chief executive, the inaptly-named Joseph Profit of Atla
