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By Ginger Szala |
May 23, 2013
A running list of regulatory and enforcement actions from around the trading industry.
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By Press Release |
May 16, 2013
CFTC claimed defendants solicited 2,000 customers then misappropriated at least $9.6 million of pool funds for personal use.
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By Press Release |
May 13, 2013
The court said that the defendants ran a forex Ponzi scheme rather than trade client money as promised.
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By Press Release |
February 6, 2013
Court says that defendants fraudulently solicited and accepted funds from 99 Retail Customers in connection with alleged forex scheme.
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By Press Release |
November 27, 2012
The CFTC claims defendant Feisal Sharif solicited funds from at least 50 people and allegedly misappropriated $900,000 for personal expenses.
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By Press Release |
October 1, 2012
In a related criminal proceeding, the defendant is sentenced to 57 months imprisonment and ordered to pay restitution for alleged Ponzi scheme.
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By Press Release |
September 25, 2012
The CFTC complaint charges Eric N. Schmickle and Q Wealth Management with operating a commodity futures Ponzi scheme.
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By Linda Sandler, Bloomberg |
June 25, 2012
The U.S. Supreme Court won’t hear an appeal by Bernard Madoff’s investors over whether they can recover lost profit, an action that lets stand the Madoff trustee’s calculation that investors lost $17 billion.
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By Press Release |
January 5, 2012
The CFTC alleged that Gunter, Texas' Larry Groover solicited $1.4 million, traded $647,500, lost $600,000 and used the rest for personal expenses and to pay other customers.
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By Press Release |
November 9, 2011
The CFTC alleges that from at least February 2010 through at least November 2010, GID and the Wagner brothers fraudulently solicited at least $5.5 million from at least 99 people.
