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...
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