The CFTC approved the application of ICE Trade Vault, LLC for provisional registration as a swap data repository pursuant to section 21 of the Commodity Exchange Act and section 49.3(b) of the CFTC's regulations, subject to the terms and conditions of the order of Provisional Registration. View press release in full here(links externally to CFTC website).

The CFTC announced that the U.S. District Court for the Central District of California entered an order of default judgment and permanent injunction against The Trade Tech Institute, Inc., Technology Trading International, Inc., and Robert Sorchini, all of Los Angeles. The same Court previously entered a consent order of permanent injunction against Richard Carter as Controlling Person of both companies. The orders find that from at least 2007 until the CFTC complaint was filed in March 2011, Trade Tech, by and through Sorchini, Carter and other employees, fraudulently promoted and marketed a

The latest Advisers Act Enforcement Action -- Roberto Aleph Espinosa; 34-67267, IA-3423 (released 06/26/2012).

Financial Services Authority June 20, 2012 Two directors of Blue Index, a specialist CFD brokerage house, and the wife of one of the directors have been sentenced to a total of five years in prison for insider dealing. The trio were involved in a transatlantic conspiracy to use UK spread bets to trade ahead of tech deals in the US based on illegal tip-offs. The case is the first ever to involve prosecutions on both sides of the Atlantic, with the SEC, the DoJ and the FBI investigating in the US, and the City of London Police and the FSA investigating in the UK.

Yesterday the SEC charged Tai Nguyen, the owner of the California-based equity research firm Insight Research, with insider trading. The charges stem from the SEC’s ongoing investigation of insider trading involving so-called “expert networks” that provide specialized information to investment firms. View press release in full here (links externally to SEC website).View SEC complaint.