November 14, 2017 BY LeapRate Staff
INTL FCStone Inc units fined for Unlawful Exchange for Related Position Transactions (EFRPs)
The U.S. Commodity Futures Trading Commission (CFTC) has issued an order filing and settling charges against FCStone Merchant Services LLC (FCStone Merchant) for entering into multiple noncompetitive trades and against INTL FCStone Financial Inc. (FCStone Financial), a registered Futures Commission Merchant based in Chicago, Illinois, for reporting non-bona fide prices to the Chicago Mercantile Exchange (CME) between December 2013…
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