Displaying results 161 - 170 of 360

Federal Court Orders Florida Company to Pay More Than $15 Million in Monetary Sanctions for Fraud and Illegal Transactions

… Erez Hen of Florida, for fraud and illegal, off-exchange precious metals transactions and failing to register with the CFTC. … the defendants with engaging in illegal, off-exchange precious metals transactions. In its motion for default …

2013-20617

… interests, including a self- regulatory organization,\14\ precious metals dealers and depository companies,\15\ law firms,\16\ … DGG further urged the Commission to consider delivery of precious metals to affiliates of the seller, but not to the …

CFTC Finds Former Trader David Liew Engaged in Spoofing and Manipulation of the Gold and Silver Futures Markets and Permanently Bans Him from Trading and Other Activities in CFTC-Regulated Markets

… two years while he was employed as a junior trader on the precious metals desk for a large financial institution (Financial … individually and in coordination with other traders on the precious metals trading desk of Financial Institution 1, …

U.S. Court of Appeals Rules in Favor of CFTC in Fraud Case Against Monex Deposit Company and its Principals

… unregistered trading platform for leveraged retail precious metals transactions and enjoining an alleged nationwide … Ansley Schrimpf, and Bryan Hsueh. * * * * * * CFTC’s Precious Metals Customer Fraud Advisory The CFTC has issued …

Ninth Circuit Rules in Favor of CFTC in Fraud Case Against Monex Deposit Company and its Principals

… alleged fraud because defendants make “actual delivery” of precious metal to customers.  The district court also held … of Market Oversight for its assistance. * * * * * * CFTC’s Precious Metals Customer Fraud Advisory The CFTC has issued several …

CFTC Charges Carlos Javier Ramirez and His Companies, Gold Chasers, Inc. and Royal Leisure International, Inc., with Misappropriation, Fraudulent Sales Solicitation, and Issuing False Statements in Fraud Schemes Involving Gold

… Michael Solinsky, and Rick Glaser. * * * * * * CFTC’s Precious Metals Customer Fraud Advisory The CFTC has issued several … that provide the warning signs of fraud, including the Precious Metals Fraud Advisory , which alerts customers to …

2013-20617

… interests, including a self- regulatory organization,\14\ precious metals dealers and depository  companies,\15\ law firms,\16\ … DGG further urged the  Commission to consider delivery of precious metals to affiliates of the  seller, but not to the …

Supreme Court Denies Defendants’ Challenge to CFTC’s Enforcement Authority

… changes hands. In Monex’s case, the transactions were in metals, but these issues are also important in the context … Eric Schleef, and Rosemary Hollinger. * * * * * * CFTC’s Precious Metals Customer Fraud Advisory The CFTC has issued … that provide the warning signs of fraud, including the Precious Metals Fraud Advisory, which alerts customers to …

CFTC Orders Wisconsin Resident and Company to Pay Over $190,000 for Failing to Register as an Introducing Broker and Other Violations

… overseas, leveraged foreign currency (forex) and leveraged precious metals trading platforms. The company introduced eight … advisability of trading in leveraged forex and leveraged precious metals through webinar appearances, videos, and …

CFTC Releases Enforcement Division’s Annual Results

… of Customer Funds (MF Global, Peregrine and Others). Precious Metals Fraud Charges under Dodd-Frank • Under the Dodd-Frank … who solicited retail customers to invest in financed precious metals transactions, which were executed through …