Posts Tagged ‘cta fraud’

CFTC Cracks Down on Sloppy CTAs

Posted on March 29, 2009, 5:37 pm, by admin, under CPOs and CTAs.

The CFTC is cracking down on commodity trading advisors who are sloppy in their back end operations.  CTAs need to be especially careful to make sure that their back end operations are appropriately monitored.
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Release: 5631-09
For Release: March 11, 2009
CFTC Sanctions Chicago-based Walsh Trading Inc. $50,000 for Failing to Supervise an Employee’s Handling of Customer Accounts
The [...]

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