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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...

Concurring Statement Of CFTC Commissioner Goldsmith Romero On The Importance Of Protecting Commodity Markets Against Excessive Speculation In CFTC v. Commodity Broker CHS Hedging - Vimarsana News

Concurring Statement Of CFTC Commissioner Goldsmith Romero On The Importance Of Protecting Commodity Markets Against Excessive Speculation In CFTC v. Commodity Broker CHS Hedging

<p><span>One of the Commission&rsquo;s core functions is to ensure that derivatives markets have integrity and that there is no market manipulation and excess speculation that can artificially increase prices.&nbsp; This function is particularly important since the pandemic, when families have faced hard choices at the grocery store given increased costs of food.&nbsp; In order to prevent excessive speculation, the Commission requires limits on trader positions&mdash;limits set by exchanges, and enforced against market participants.&nbsp; Brokers (referred to as...

Easterday claims Tyson reneged on Japanese deal - Vimarsana News

Easterday claims Tyson reneged on Japanese deal

Ex-Washington cattleman Cody Easterday, convicted of fraud, has sued his main victim, Tyson Fresh Meats, alleging the meat packer reneged on a deal to split profits from a campaign to

Blue Christmas: Cody Easterday will likely spend his Christmas in federal prison - Vimarsana News

Blue Christmas: Cody Easterday will likely spend his Christmas in federal prison

A big-time Northwest rancher has snatched himself a last two-week extension of freedom, before he goes into federal prison.

Easterday judge dismisses U.S. complaint against law firm - Vimarsana News

Easterday judge dismisses U.S. complaint against law firm

A judge has dismissed claims by a U.S. trustee that a Los Angeles law firm favored one set of creditors over another in the liquidation of Cody Easterday's farming and