The CFTC obtained a record $3.27 billion in monetary sanctions imposed against companies and individuals.
The CFTC obtained a record $3.27 billion in monetary sanctions imposed against companies and individuals.
The demand for gold in India has peaked with the advent of festive season.
According to most recent study conducted by the Associated Chambers of Commerce and Industry of India, the gold prices in India are likely to remain steady in the next six months.
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
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost and complexity to FCM compliance.
ASSOCHAM, the apex industry body in India, says a Gold Bank could minimize recent smuggling.
NFA's Board approves prohibition of credit cards to fund retail forex accounts.
Executives from Intercontinental Exchange Inc., owner of the NYSE said rebate fees and payments to brokers for orders should face greater regulatory scrutiny.