A futures commission merchant settled CFTC charges for failing to (i) implement an adequate AML program, (ii) impose risk-based trading position limits on a customer's accounts and (iii) maintain customer records for a substantial period of time.
The CFTC filed a Complaint with the U.S. District Court for the Southern District of Florida against several unregistered individuals and companies for conducting two fraudulent schemes involving binary options and digital assets.
NFA announced the effective date of rule amendments designed to clarify the applicability of certain NFA rules and interpretive notices to certain regulated entities.
Two interdealer brokers settled separate New York State and CFTC charges for fraudulent practices involving foreign exchange currency options.
NFA proposed amendments to clarify the applicability of certain NFA rules and interpretive notices to certain regulated entities.