July 28, 2022
The Commodity Futures Trading Commission has secured a partial quick win in its fraud suit against a Chicago-based brokerage, its CEO and a former employee over a purported $4.4 million fraud, with a federal judge ordering the firm to pay $5.7 million in restitution to alleged victims.
June 29, 2020
The Commodity Futures Trading Commission sued a Chicago-based brokerage firm and four executives and associates in Illinois federal court Monday, accusing the group of defrauding customers out of $4.4 million through a scheme involving options on futures transactions.