CFTC's Deal With Forex Trader Results In Discovery Stay

Law360, New York (July 14, 2017, 6:59 PM EDT) -- A New York federal court on Thursday halted the Commodity Futures Trading Commission’s suit accusing a man and his Dallas company of fraudulently soliciting customers to make off-exchange foreign currency transactions, giving the commodities regulator time to evaluate a proposed settlement in the case.

U.S. District Judge Alison J. Nathan granted the CFTC’s request to extend discovery deadlines as commissioners decide whether to accept a proposed consent order, which would resolve allegations that Jamal Vance and All City Investments LLC touted a bogus track record to...
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Case Information

Case Title

US Commodity Futures Trading Commission v. All City Investments LLC et al

Case Number



New York Southern

Nature of Suit



Alison J. Nathan

Date Filed

September 21, 2016

Government Agencies

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