CFTC Orders Trader and His Firm to Pay $150,000 for Wash Sales
May 08, 2020
May 08, 2020
WASHINGTON, May 8 -- The Commodity Futures Trading Commission issued the following enforcement news release on May 7:
The Commodity Futures Trading Commission issued an order filing and settling charges against respondents Mehran Khorrami, from New York, and his New York firm, Cayley Investment Management, LLC (CIM), for engaging in wash sales and non-competitive transactions. The order requires Khorrami and CIM to pay a civil monetary penalty of $150,000.
According to . . .
The Commodity Futures Trading Commission issued an order filing and settling charges against respondents Mehran Khorrami, from New York, and his New York firm, Cayley Investment Management, LLC (CIM), for engaging in wash sales and non-competitive transactions. The order requires Khorrami and CIM to pay a civil monetary penalty of $150,000.
According to . . .