CFTC Penalizes 2 Former NYMEX Staff for Insider Trading

The US Commodity Futures Trading Commission (CFTC) has received court approval for imposing a $4 million fine on the New York Mercantile Exchange (NYMEX) and two former employees – William Byrnes and Christop...

US Regulator CFTC Grants $9 Million Award to Whistleblower

The Commodity Futures Trading Commission (CFTC) recently announced that it had granted an award of around $9 million to a whistleblower, one of the five largest awards granted as part of the regulator’s Whist...

CFTC Fines Southwest Group for FX Registration Lapses

The US Commodity Futures Trading Commission (CFTC) has fined Florida-based Southwest Group for acting as a retail foreign exchange dealer without having the regulatory approval for doing so. The regulator has...

CFTC Charges Alista Group with Precious Metals Fraud

A Georgia resident and his Florida-based company have been charged of registration violations and misappropriating $890,500 of customer funds though illegal, off-exchange precious metals transactions. The CF...

CFTC Slaps FX ‘Master Trader’ with Fraud Charges

The US Commodity Futures Trading Commission (CFTC) has brought fraud charges against James Frederick Walsh, a self-proclaimed FX “master trader”, for soliciting the public for trading off-exchange leveraged r...

CFTC Charges Owners of FX Auto-Trading App with Fraud

The US derivatives regulator hit Silver Star FX, Silver Star Live Software LLC (SSLS) and its co-owner David Wayne Mayer with fraud charges and registration lapses for promoting passive returns through their ...