91porn

  1. Home
  2. 91porn
  3. Whistleblower Representation
  4. Recent Government Enforcement
  5. CFTC Enforcement Actions
Have a Claim?

Click here for a confidential contact or call:

1-347-417-2192 
								
			


								
						
			


								
			

	
Whistleblower Quiz

	
Would you blow the whistle?

 Take our Quiz


									
	
						

		

			
			

				

					
CFTC Enforcement Actions

					
The  (CFTC) is the United States agency with primary responsibility for enforcing the Commodity Exchange Act (CEA) and regulating commodity futures and related markets. Whistleblowers with knowledge of violations of laws and regulations enforced by the CFTC can submit a claim under the CFTC Whistleblower Reward Program, and may be eligible to receive a monetary reward and protection against retaliation by employers.


Below are summaries of recent CFTC settlements or successful enforcement actions. If you believe you have information about fraud which could give rise to a CFTC enforcement action and claim under the CFTC Whistleblower Reward Program, please contact us to speak with one of our experienced whistleblower attorneys.

				

			

			
						
					
			

	
		
		

			

				
				
September 9, 2014

				 The CFTC settled charges against Zulutrade, Inc., a CFTC-registered Introducing Broker located in Piraeus, Greece, for failure to diligently supervise activities relating to its business as a CFTC registrant. 听The settlement order requires Zulutrade to pay a $150,000 civil monetary penalty and disgorge $80,000 in commissions and fees it earned from accounts that were related to the alleged supervisory failure.听 				 			
	
		
		
	


 			




	
		
		

			

				
				
September 9, 2014

				 The CFTC filed a civil enforcement Complaint against attorney Jay Bruce Grossman, who practices law in Fort Lauderdale, Florida, alleging that beginning on July 16, 2011, Grossman willfully aided and abetted multiple clients in their operation of illegal and fraudulent precious metals schemes, in violation of the Commodity Exchange Act.听 				 			
	
		
		
	


 			




	
		
		

			

				
				
August 27, 2014

				 The CFTC issued an Order filing and simultaneously settling charges against financial services company FirstRand Bank, Ltd., headquartered in Johannesburg, South Africa, for executing unlawful prearranged, noncompetitive trades involving corn and soybean futures contracts on the Chicago Board of Trade, a designated contract market of the CME Group. 听听				 			
	
		
		
	


 			




	
		
		

			

				
				
August 26, 2014

				 The CFTC issued an Order filing and simultaneously settling charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated for failing to diligently supervise its officers鈥�, employees鈥�, and agents鈥� processing of futures exchange and clearing fees charged to its customers from at least January 1, 2010 through April 2013.听 				 			
	
		
		
	


 			




	
		
		

			

				
				
August 21, 2014

				 The CFTC issued an Order filing and settling charges against S.J. Woods, Inc. and its owners, Peter Blanco and Paul Proscia, involving their participation in illegal, off-exchange financed transactions in precious metals with retail customers. The Order requires them to pay restitution totaling $2,971,992.23 to their customers, imposes permanent trading bans against them, and prohibits them from violating the Commodity Exchange Act, as charged. 听听				 					 

						
Tagged in:
													  Regulatory Violations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
August 11, 2014

				 The CFTC entered an Order requiring Jacob N. Stein, individually and doing business as TEPdesign, Inc., to pay restitution of $244,400 to defrauded customers and a $100,000 civil monetary penalty, for committing fraud and misappropriation in connection with a commodity pool that traded leveraged or margined off-exchange foreign currency contracts (forex). 听				 					 

						
Tagged in:
													  Foreign Exchange, 
													  Regulatory Violations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
August 7, 2014

				 The CFTC charged Edwin A. Vasquez听and his company听Vasquez Global Investments听with misappropriation, solicitation fraud, and issuing false statements in connection with the operation of an unregistered commodity trading pool.听 According to the CFTC Complaint, Vasquez and his company defrauded and deceived at least 19 participants who invested at least $583,491 in a commodity pool commonly known as the VGI pool.听听				 			
	
		
		
	


 			




	
		
		

			

				
				
August 7, 2014

				 The CFTC obtained an order听against Florida residents John P. D鈥橭nofrio, George E. Sarafianos, Scott D. Piccininni and their Florida companyAmeriFirst Management听to jointly pay more than $25M in restitution and a $10M penalty for operating a fraudulent precious metals scheme.听 Specifically, the order found the defendants operated an illegal, off-exchange precious metals scheme and made numerous fraudulent misrepresentations, false reports, and statements in connection with the scheme.听听				 					 

						
Tagged in:
													  Regulatory Violations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
August 7, 2014

				 Florida resident Lawrence Scott Spain and his company听Palm Beach Capital听were ordered to pay $527,000 for engaging in illegal, off-exchange precious metals transactions. 听The order stems from a CFTC Complaint filed in May 2014 charging Spain and his company with violating the Commodity Exchange Act by these illegal transactions.听听
				 					 

						
Tagged in:
													  Regulatory Violations, 
												
						

					
	
							
	
		
		
	


 			




	
		
		

			

				
				
August 4, 2014

				 The CFTC obtained a $13M penalty against听Parnon Energy听of California,听Arcadia Petroleum听of the United Kingdom, and听Arcadia Energy听of Switzerland for manipulating New York Mercantile Exchange (NYMEX) Light Sweet Crude Oil futures contract spreads from January 2008 to April 2008.听听				 					 

						
Tagged in:
													  CFTC Whistleblower Reward Program, 
													  Market Manipulation and Trading Violations, 
												
						

					
	
							
	
		
		
	


 			


											

						

								

									
1
…
47
48
49
50
51
52
								

						

					

												
		
 
	
 

 



	


	

		

			

								
							
Learn about Whistleblower Rewards Programs
			
	
		

		
	
			

									

													False Claims Act					  							State & Local False Claims Acts					  							SEC Program					  							CFTC Program					  							IRS Program					  					

								See More			
	
		

	
		

	




	


	

		

			

				

					

						
Newsletter

						
Subscribe to receive email updates from the 91pornblogs

					
	
				
	
			
	
			
	
				
Sign up for: