NFA orders WB Capital to withdraw from membership LeapRate

December 22, 2014 BY Andrew Saks-McLeod

NFA orders WB Capital to withdraw from membership

In canceling Las Vegas-based WB Capital's membership as well as that of principal Courtney Smith, the NFA found that the firm used misleading futures and forex promotional material, and failed to cooperate with the regulatory authority

December 18, 2014 BY Andrew Saks-McLeod

Federal court orders AlphaMetrix LLC to pay $5.6 million in restitution and penalties

The CFTC has ordered AlphaMetrix to pay restitution of $2.8 million and a civil monetary penalty of $2.8 million and requires AlphaMetrix Group to pay disgorgement of $2.8 million.

June 20, 2014 BY Andrew Saks-McLeod

Utah federal court hands down $44 million in sanctions for fraud and misappropriation

CFTC cites Robert J. Andres of Houston, Texas, his company, Winsome Investment Trust, Robert L. Holloway of San Diego, California, and his company US Ventures LC, in civil monetary penalty of $32,370,000 and restitution for defrauded customers totaling $12 million.

Tag: commodity pool fraud