CFTC Orders Unregistered Pool Operator and its Managing Member to Pay More than $520,000 for Fraud Violations
August 20, 2024
August 20, 2024
WASHINGTON, Aug. 20 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against (GMT), and its managing member, (Carmon), both based in the Houston, Texas area. The order finds the respondents violated anti-fraud and registration provisions of the Commodity Exchange Act (CEA) by fraudulently soliciting 19 pool participants to participate in . . .
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against (GMT), and its managing member, (Carmon), both based in the Houston, Texas area. The order finds the respondents violated anti-fraud and registration provisions of the Commodity Exchange Act (CEA) by fraudulently soliciting 19 pool participants to participate in . . .