October 02, 2017 BY LeapRate Staff

Logista Advisors LLC to pay $250,000 fine for Spoofing on a foreign futures exchange

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Logista Advisors LLC, a crude-oil-trading firm based in Houston, Texas. The Order finds that, from approximately September 2013 through October 2014, Logista failed to diligently supervise the handling by its employees and officers of commodity interest accounts and other…

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