CFTC Orders Chicago-Based Advantage Futures to Pay $395,000 for Supervision Failures
September 21, 2023
September 21, 2023
WASHINGTON, Sept. 21 -- The Commodity Futures Trading Commission issued the following enforcement news release on Sept. 20, 2023:
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Advantage Futures LLC, a registered futures commission merchant based in Chicago, Illinois, for failing to diligently supervise the handling of commodity interest accounts, which resulted in incomplete and inadequate oversight of its surveilla . . .
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Advantage Futures LLC, a registered futures commission merchant based in Chicago, Illinois, for failing to diligently supervise the handling of commodity interest accounts, which resulted in incomplete and inadequate oversight of its surveilla . . .