The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Barclays Bank PLC (Barclays) for attempted manipulation, false reporting, and aiding and abetting other banks’ attempts to manipulate, global foreign exchange (FX) benchmark rates to benefit the positions of certain traders.
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Barclays PLC, Barclays Bank PLC, and Barclays Capital Inc. (collectively, Barclays or the Bank).
The CFTC today announced the filing of a civil enforcement action charging Defendant Thomas Gillons of Napa County, California, with fraud and acting as a FCM without being registered as such.
According to the CFTC Complaint, Grossman’s clients, such as Hunter Wise Commodities, LLC, claimed to sell physical metals, such as gold, silver, platinum, palladium, and copper, to retail customers on a financed basis.
CFTC Charges Florida-Based Southern Trust Metals, Inc. and Robert Escobio, and His BVI-Based Entity Loreley Overseas Corp., with Operating an Illegal Precious Metals Scheme, among other Violations
Federal court orders Fred Jager, Harold E. Martin, Jr., and the Hunter Wise companies to pay over $108 million in restitution and penalties.
Federal court orders Fred Jager, Harold E. Martin, Jr., and the Hunter Wise companies to pay over $108 million in restitution and penalties.
CFTC Charges RP Martin Holdings Limited and Its Subsidiary, Martin Brokers Limited, with Manipulation and Attempted Manipulation of Yen Libor.
MF Global Inc. will now begin making final distributions to its customers to satisfy its obligation of full restitution for $1.212 billion in losses sustained by customers of MF Global when the company failed in 2011.
The CFTC revoked the registrations of Chicago Trading Managers LLC, which had been registered with the CFTC as a commodity pool operator and commodity trading advisor.