CFTC: Federal Court Orders Chinese National to Pay More Than $350,000 for Fraudulent Scheme to Trade Against Employer
September 28, 2023
September 28, 2023
WASHINGTON, Sept. 28 -- The Commodity Futures Trading Commission issued the following enforcement news release on Sept. 27, 2023:
The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Illinois entered a consent order on September 26 imposing a permanent injunction, disgorgement, and civil monetary penalty against Dichao Xie, a resident of China.
The order resolves a CFTC action filed on March 28, 2023. [See CFTC Pr . . .
The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Illinois entered a consent order on September 26 imposing a permanent injunction, disgorgement, and civil monetary penalty against Dichao Xie, a resident of China.
The order resolves a CFTC action filed on March 28, 2023. [See CFTC Pr . . .