CFTC Wins $1.5M Judgment Against Ex-Hedge Fund Director

Law360, New York (January 24, 2014, 1:06 PM EST) -- An Arizona federal judge on Thursday hit Hampton Capital Markets LLC's former managing director with a $1.5 million fine for his role in a $3.8 million commodities fraud scheme after the executive failed to respond to the U.S. Commodity Futures Trading Commission's suit against him.

U.S. District Judge H. Russel Holland also issued a permanent injunction against Thomas L. Hampton, barring him from trading in commodity futures or options, soliciting funds for the purposes of buying or selling futures or options, and applying for registration with...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

United States Commodity Futures Trading Commission v. Hampton


Case Number

2:13-cv-01173

Court

Arizona

Nature of Suit

Other Statutes: Securities/Commodities

Judge

H Russel Holland

Date Filed

June 11, 2013

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.