Displaying results 81 - 90 of 359
CFTC Orders Two California Precious Metals Companies to Pay Over $1 Million for Fraud, Illegal Offering of Retail Commodity Transactions, and Registration Violations
… charges against Goldline, Inc . (Goldline) and A-Mark Precious Metals , Inc. (A-Mark), both California companies, for fraud … customers’ orders for leveraged, margined, or financed precious metals transactions. Retail customers entered into …
CFTC Charges Dallas and Los Angeles Area Precious Metals Dealers in Ongoing Fraud Scheme Garnering Over $7 Million from Retirement Accounts
… District of Texas against Dallas-based Damien Moran , and precious metals dealer companies Crown Bullion, Inc. and Bright … Metals) for fraudulently soliciting customers to purchase precious metals in self-directed individual retirement …
The CFTC and State Regulators in California and Hawaii Charge Los Angeles Area Precious Metals Dealer in Ongoing $61 Million Fraud Targeting the Elderly
… Court for the Central District of California against a precious metals dealer, its chief executive officer (CEO), and a … to protect the investors and root out fraud in the precious metals markets,” said Director of Enforcement Ian …
CFTC Issues Request for Comment on Options for a Proposed Exemptive Order Relating to the Trading and Clearing of Precious Metal Commodity-Based ETFs and Concept Release
… Exemptive Order Relating to the Trading and Clearing of Precious Metal Commodity-Based ETFs and Concept Release … Exemptive Order Relating to the Trading and Clearing of Precious Metal Commodity-Based Exchange-Traded Funds (ETFs) … of holdings of the underlying physical commodity, usually a precious metal (in this case, palladium or platinum). …
CFTC Charges Florida-Based Sentry Asset Group, LLC and its Owner, John Pakel, with Engaging in Illegal, Off-Exchange Precious Metals Transactions
… Owner, John Pakel, with Engaging in Illegal, Off-Exchange Precious Metals Transactions Washington, DC – The U.S. Commodity … with engaging in illegal, off-exchange transactions in precious metals with retail customers on a leveraged, …
CFTC Charges New York-Based The Yorkshire Group Inc. and Its Owner, Scott Platto with Engaging in Illegal, Off-Exchange Precious Metals Transactions
… Owner, Scott Platto with Engaging in Illegal, Off-Exchange Precious Metals Transactions Washington, DC – The U.S. Commodity … engaging in illegal, off-exchange financed transactions in precious metals with retail customers. The Complaint further …
In CFTC Enforcement Action, Federal Court Orders Florida Resident Martin Sommers and His Company International Monetary Metals, Inc. to Pay over $9.8 Million for Engaging in Illegal, Off-Exchange Precious Metals Transactions and Registration Violations
… Martin Sommers and His Company International Monetary Metals, Inc. to Pay over $9.8 Million for Engaging in Illegal, Off-Exchange Precious Metals Transactions and Registration Violations … with engaging in illegal, off-exchange transactions in precious metals (including gold and silver) with retail …
CFTC Charges Florida-Based Worth Group Inc. and Its Principals, Andrew Wilshire and Eugenia Mildner, in Multi-Million Dollar Fraudulent Precious Metals Scheme
… and Eugenia Mildner, in Multi-Million Dollar Fraudulent Precious Metals Scheme CFTC alleges that Defendants, who took in more … than $73 million, defrauded customers in connection with precious metals transactions and engaged in illegal …
Statement of Commissioner Christy Goldsmith Romero on the Importance of Retail Customer Protections and Anti-Money Laundering in Precious Metals Markets and Foreign Currency (Forex) Markets
… too many retail customers become victims of illegal acts in precious metals markets and foreign currency (forex) markets.   In … can to bring justice and accountability for illegal acts in precious metals and forex markets that harm retail …
Statement of Commissioner Kristin N. Johnson Regarding CFTC Settlement with First State Depository Company, LLC and Argent Asset Group LLC for Precious Metals Fraud
… scheme in connection with the purchase and sale of precious metals. [1]   The CFTC’s complaint alleged that the … was engaged in the business of buying, selling, and leasing precious metals. Following the filing of the complaint, the …