Search Results for: Commodity Futures Trading Commission
European Energy Exchange acquires 100% ownership of US Nodal Exchange
May 5th, 2017
The European Energy Exchange (EEX), part of Deutsche Börse Group, and the owners of US-based Nodal Exchange Holdings, LLC have successfully closed the transaction under which EEX has acquired 100% of the equity in Nodal Exchange. All remaining regulatory ...
Company and its owner charged with defrauding investors for at least $13 million
May 4th, 2017
CFTC Charges Arizona Resident Cory Williams and His Company, Williams Advisory Group, LLC, with Fraudulently Soliciting and Receiving at Least $13 Million in Commodity Pool Scheme The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a ...
71 Binary Options and Forex providers added to CFTC RED List
April 26th, 2017
As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the CFTC added 71 new names to the RED List. These 71 new additions bring the total number of foreign ...
CFTC grants registration to NEX SEF Limited
April 21st, 2017
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order of Registration to NEX SEF Limited (NEX SEF), of London, England, granting it registration status with the CFTC as a Swap Execution Facility (SEF). ...
FIA launches interactive FCM Tracker
April 14th, 2017
FIA announced the launch of a new data product today. The FCM Tracker provides a series of data visualizations that give market participants powerful insights into the ecosystem of U.S. futures commission merchants (FCMs). The FCM Tracker uses data published by ...
Court orders firms to disgorge ill-gotten funds in Binary Options fraud
April 7th, 2017
Federal Court Orders Relief Defendants Westward International Ltd. and Coucarin Holdings Ltd. to Disgorge Ill-Gotten Funds Totaling More than $1.77 Million in CFTC Binary Options Fraud Action The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James ...
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
Company and its owner ordered to pay $6.5 Million penalty in Binary Options fraud case
March 22nd, 2017
Federal Court in Florida Orders Neil Pecker and His Company, Vision Financial Partners, LLC, to Pay More than $6.5 Million in Restitution and a Civil Monetary Penalty in CFTC Binary Options Fraud Action Relief Defendants Prometheus Enterprises, Inc. and ...
Oil prices drop on rise in U.S. drilling
March 20th, 2017
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 percent, below their last settlement ...
FINRA warns for Binary Options Follow-Up Schemes
March 18th, 2017
The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help ...
