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By Press Release |
May 14, 2013
CFTC orders MB Trading Futures Inc., a registered retail foreign exchange dealer, to pay $200,000 penalty to settle charges of violating minimal financial requirement rules
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By Press Release |
April 18, 2013
CFTC orders The Linn Group, Inc. to pay $400,000 civil monetary penalty for failure to diligently supervise its officers, employees, and agents and to properly handle, monitor and report customer funds.
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By Press Release |
March 27, 2013
Court finds that Victor Yu of San Jose, Calif., misrepresented trading software and lost almost $2.15 million while failing to register with the CFTC.
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By Press Release |
March 19, 2013
The court found that MBFX and MXBK misrepresented their historical performance and issued false reports about customer accounts.
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By Press Release |
March 14, 2013
The CFTC says Nicholas Trimble falsely represented his trading success and misappropriated about $441,000 of customer funds.
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By Press Release |
February 4, 2013
In a parallel criminal action, the company principle is convicted on fraud charges and sentenced to 97 months imprisonment.
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By Press Release |
January 3, 2013
The CFTC order requires Mizuho to pay a $175,000 civil monetary penalty for allegedly not notifying the CFTC its secured funds were low.
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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 Press Release |
August 13, 2012
Federal court orders defendants to pay more than $5.4 million in restitution and civil monetary penalties.
