CFTC Orders Nebraska Company To Pay $400,000 For Position Limits Violations
CFTC Orders Nebraska Company To Pay $400,000 For Position Limits Violations Date 28/01/2021 The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against an Omaha, Nebraska-based company that refers to itself as AG Processing Inc a cooperative (AGP) for exceeding the CFTC’s all-months speculative position limits for soybean meal futures contracts traded on the Chicago Board of Trade (CBOT). The order requires AGP to pay a $400,000 civil monetary penalty. In addition to imposing a $400,000 civil monetary penalty, the order requires A...