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CFTC Orders Minnesota Futures Commission Merchant To Pay $6.5 Million For Anti-Money Laundering, Risk Management, Recordkeeping, And Supervision Violations - Vimarsana News

CFTC Orders Minnesota Futures Commission Merchant To Pay $6.5 Million For Anti-Money Laundering, Risk Management, Recordkeeping, And Supervision Violations

<p><span>The Commodity Futures Trading Commission announced today it has issued an order simultaneously filing and settling charges against registered futures commission merchant (FCM)&nbsp;CHS Hedging LLC, of Inver Grove Heights, Minnesota, for anti-money laundering (AML), risk management, recordkeeping, and supervision violations. These violations are primarily a result of CHS Hedging failing to implement an adequate AML program, particularly as applied to a futures and options trading account controlled by one of its customers. In addition, CHS Hedging failed to implement ri...

CFTC Charges Commodity Pool Operators And Florida Company With Fraudulently Solicitating Over $41.6 Million In A Commodity Pool Scheme - Vimarsana News

CFTC Charges Commodity Pool Operators And Florida Company With Fraudulently Solicitating Over $41.6 Million In A Commodity Pool Scheme

<p><span>The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the U.S. District Court for the Southern District of Florida against&nbsp;</span><span>Emerson Pires&nbsp;</span><span>and&nbsp;</span><span>Flavio Goncalves</span><span>, both Brazilian citizens who previously resided in Port Saint Lucie, Florida;&nbsp;</span><span>Joshua Nicholas&nbsp;</span><span>of Stuart, Florida; and&nbsp;</span><span>Empires Consulting Corp.<...

CFTC Charges Commodity Pool Operators and a Florida Company with Fraudulently Solicitating Over $41.6 Million in a Commodity Pool Scheme - Vimarsana News

CFTC Charges Commodity Pool Operators and a Florida Company with Fraudulently Solicitating Over $41.6 Million in a Commodity Pool Scheme

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the U.S.

Federal Court Orders Precious Metals Traders to Pay Spoofing Penalties - Vimarsana News

Federal Court Orders Precious Metals Traders to Pay Spoofing Penalties

Commodity Futures Trading Commission (CFTC) ......   The Commodity Futures Trading Commission (CFTC) today announced that Judge Steven C. Seeger of

CFTC: Federal Court Orders Precious Metals Traders To Pay Penalties And Imposes Trading Bans For Spoofing And Engaging In A Deceptive Or Manipulative Scheme - Vimarsana News

CFTC: Federal Court Orders Precious Metals Traders To Pay Penalties And Imposes Trading Bans For Spoofing And Engaging In A Deceptive Or Manipulative Scheme

<p><span>The Commodity Futures Trading Commission today announced that Judge Steven C. Seeger of the U.S. District Court for the Northern District of Illinois issued final judgments and consent orders against&nbsp;</span><span>James Vorley&nbsp;</span><span>and&nbsp;</span><span>Cedric Chanu</span><span>, former precious metals traders, for spoofing and engaging in a deceptive or manipulative scheme, in violation of the Commodity Exchange Act (CEA) and CFTC regulations.&nbsp;</span></p>