CFTC Strikes Deal In Forex Trader Case

Law360, New York (February 23, 2011, 5:49 PM EST) -- The U.S. Commodity Futures Trading Commission on Friday filed a proposed settlement in its $2.8 million civil case against Randall Stuckey, who was convicted of charges related to an illegal foreign exchange scheme allegedly run through three of his companies.

The CFTC lodged its complaint and a proposed consent order against Stuckey and his companies — Stuckey Group LP, Stuckey Group II LP and Oakwood Development Co. LP — in the U.S. District Court for the Eastern District of Missouri.

The consent order seeks permanent injunctive...
To view the full article, register now.