Christopher Engel, along with his company Pinnacle Forex Group LLC collected client funds for purchasing FX contracts, but withdrew and misappropriated them. Despite never having been registered with the CFTC, …
Tag: US Government
As of January 31, 2015, retail FX customers in the United States will no longer be able to fund their accounts by credit card as the NFA’s proposals have been …
North America’s CFTC has joined the FCA and FINMA in concluding its investigations into FX rate manipulation, with five banks in line for a $1.4 billion fine, taking the total …
Benjamin Lawsky, the astute and observant Superintendent of the New York State Department of Finance, is set to step down in 2015, leaving a legacy of Bitcoin proponency and an …
A year subsequent to setting in place the trade execution requirements for OTC derivatives trading within the institutional sector in the United States, the CFTC has now completed its ruling …
Richard Berry prepares to head the dispute resolution activities of FINRA as his latest senior appointment following his twenty year tenure at NASD. Mr. Berry takes over from Linda Fienberg …
New York State’s Superintendent of Financial Services Benjamin Lawsky has publicly stated that Bitcoin technology developers are free to conduct their business without a license, whereas banks and dealers will …
North American introducing broker IFG Markets finds itself on the receiving end of a permanent ban from NFA membership due to several inconsistencies, most gravely of all surrounding the firm’s …
Following the election of Chairman Timothy Massad to the CFTC earlier this year, a series of senior appointments have been made. Yesterday, Commissioner Sharon Bowen announced the key personnel that …
CFTC Charges Illinois Resident Gerald J. Considine and His Companies, Novo Trading and Considine Trading, with Fraudulent Solicitation and Misappropriating More than $1.65 Million of Customer Funds
