The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by the CFTC’s Whistleblower Program to date and the third award to a whistleblower who provided valuable…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) has once again shown its strictness when it comes to following the provision of the Dodd-Frank act that addresses retail commodity trading. The US regulator has jus announced its fourth action in less than a month against violations of this provision. The CFTC has charged Florida-based North American…
Read moreFor the third time in less than a week, the US authorities have acted against law violations concerning precious metals transactions. The latest penalty is imposed on Cindy Vandivier and Paul Vandivier, a married couple from Florida, whom were ordered by a federal court to pay a cumulative penalty of circa $3 million over a…
Read moreUS regulators have once again acted against violations of the Dodd-Frank Act, and the provision against financed precious metals transactions carried on off-exchange, in particular. The U.S. Commodity Futures Trading Commission (CFTC) has just announced that the U.S. District Court for the Southern District of Florida entered a Consent Order of Permanent Injunction against Florida-based…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) has once again shown its rigidity when it comes to following the the provision of the Dodd-Frank act that addresses retail commodity trading. The regulator announced on Wednesday that it filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against…
Read moreFirst order of its kind issued by the CFTC; praises ASIC regulation as comparable as provision for exemption...
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