Tag: Michael Alcocer

CFTC fines Alcocer and InovaTrade more than $38 million and permanently bans them. The CFTC has received a federal court order requiring Michael Alcocer and his company InovaTrade to pay a fine of more than $38 million. Alcocer (as well as his company) was also permanently banned from trading or registration with the CFTC. Not much is…