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U.S. District Court for the Southern District of Florida Judge William P. Dimitrouleas entered an Order of Final Judgment by Default against Joseph Charles DiCrisci and his company for (i) engaging in illegal off-exchange precious metal transactions, and (ii) failing to register with the CFTC as a futures commission merchant.

The United States District Court for the Southern District of Florida issued a Consent Order against an asset management company and its owner. According to the Order, the company's owner directed employees to solicit retail customers by telephone in order to engage in leveraged, margined or financed precious metal transactions. During that period, the company's customers paid approximately $1.1 million to the company in connection with precious metal transactions, and the company received commissions and fees totaling no less than $278,767 in connection with the precious metal transactions