Search Results for: Commodity Futures Trading Commission
Assurance Capital Management and its owners fined $2.4 Million
July 12th, 2017
The U.S. Commodity Futures Trading Commission (CFTC) has issued a press release to inform that the Federal Court in Florida Orders Anthony J. Klatch II, Lindsey Heim, and their Company Assurance Capital Management, LLC to Pay More than $2.4 ...
NEX SEF Limited went live
July 7th, 2017
NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of global markets, announces that its Swap Execution Facility (“SEF”), NEX SEF Limited (“NEX SEF”), went live on 3 July 2017. NEX SEF received approval from the ...
Oil Extends Longest Winning Streak
July 3rd, 2017
Oil Extends Longest Winning Streak This Year as Drilling Slows Rigs targeting crude drop first time in 24 weeks: Baker Hughes Libyan production increases to highest level in four years Oil extended the longest run of gains this year ...
Wall Street Pirate Management and its owner banned and to pay $125,000
June 27th, 2017
Federal Court in New York Imposes Permanent Registration and Trading Bans against Defendants Gary Creagh and His Company, Wall Street Pirate Management, LLC, and Orders Them to Pay a $125,000 Civil Monetary Penalty The CFTC Charged Defendants with Making ...
NAAM and its owner to pay more than $1.6 million in illegal precious metals transactions
June 14th, 2017
Federal Court Orders Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie to Pay More than $1.6 Million in Restitution and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions Court Also Imposes Permanent ...
CFTC charged Tallinex with Fraud and Failure to Register as a Retail Forex Dealer
June 6th, 2017
CFTC Charges Estonian Company Tallinex with Fraud and Failure to Register as a Retail Foreign Exchange Dealer and Nevada Company General Trader Fulfillment with Failure to Register as an Introducing Broker The U.S. Commodity Futures Trading Commission (CFTC) announced ...
K.B. Concepts Group and its Owner Fined For Illegal, Off-Exchange Precious Metals Transactions
May 31st, 2017
Federal Court in Florida Orders K.B. Concepts Group, LLC and Kelvin Burgos to Pay More than $486,300 in Disgorgement and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading Commission (CFTC) ...
Guardian Asset Group and its owner ordered to pay more than $1 Million
May 24th, 2017
Federal Court Orders More than $1 Million in Restitution and Civil Monetary Penalties and Permanently Bans Andrew Kurzbard and His Florida-Based Company, Guardian Asset Group, LLC, for Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
CFTC’s Division of Clearing and Risk Extends No-Action Relief for Shanghai Clearing House
May 17th, 2017
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued a no-action letter extending the relief provided to the Shanghai Clearing House (SHCH) in CFTC Letter 16-56, which expires May 31, 2017. The extension ...
