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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 Nicholas Larkin, Bloomberg |
March 22, 2013
Gold traders are becoming more bullish as concern mounts that a worsening of Europe’s debt crisis will spur demand for a protection of wealth at a time when nations from the U.S. to Japan are signaling more stimulus.
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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 Luzi Ann Javier, Bloomberg |
March 19, 2013
Farmers from Australia to Europe to the U.S. are poised to reap the second-largest wheat crop on record as fields recover from drought and heat waves, boosting global stockpiles for the first time in four years.
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By Silla Brush |
March 18, 2013
CFTC Commissioner Bart Chilton says high-frequency wash trades distort liquidity and prices.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By Maria Kolesnikova, Bloomberg |
March 15, 2013
Copper analysts are getting less bullish for the first time in three weeks after China, the biggest consumer, said it was on “high alert” over inflation and intensified a campaign to control its property market.
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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 Nicholas Larkin and Debarati Roy, Bloomberg |
March 12, 2013
Gold’s worst start to a year in a quarter century and the biggest sales by investors on record are increasing concern that bullion’s longest rally since the end of World War I is ending.
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By Press Release |
March 11, 2013
CFTC alleged that company collected $415,000, lost money trading, collected high fees, then shut down with no way for customers to follow up.
