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CFTC Orders Freepoint Commodities LLC To Pay $91 Million For Fraudulent Scheme To Misappropriate Material Non-Public Information

CFTC Orders Freepoint Commodities LLC To Pay $91 Million For Fraudulent Scheme To Misappropriate Material Non-Public Information
mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.

MIL-OSI USA: Statement of Commissioner Kristin N Johnson Regarding CFTC Charges Against Ceres Global: Protect Farmers Ability to Hedge

MIL-OSI USA: Statement of Commissioner Kristin N Johnson Regarding CFTC Charges Against Ceres Global: Protect Farmers Ability to Hedge
foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.

MIL-OSI USA: Federal Court Orders Washington Rancher to Pay $1 Million Penalty for Phantom Cattle Scheme, Position Limit Violations

MIL-OSI USA: Federal Court Orders Washington Rancher to Pay $1 Million Penalty for Phantom Cattle Scheme, Position Limit Violations
foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.

Statement Of CFTC Commissioner Kristin N Johnson Regarding Settlement With Cody Easterday For Massive Fraud, False Statements To An Exchange, And Position Limits Violations

<p><span>Today, the U.S. District Court for the Eastern District of Washington issued an order granting a permanent injunction to resolve pending litigation against Cody Easterday (Consent Order).&nbsp; Easterday had previously been charged by the Commission for engaging in fraud in connection with the sale of more than 200,000 head of &ldquo;ghost&rdquo; cattle&mdash;which did not, in fact, exist&mdash;to Tyson Fresh Meats, Inc. (Tyson), a beef processor and part of a corporate family that together constitute one of the largest food suppliers in the world, as well as with making false statements to the Chicago Mercantile Exchange (CME) and violating exchange-set position limits.</span><span>&nbsp; As a result of Easterday&rsquo;s fraud, Tyson paid him and his feedyard, Easterday Ranches, Inc. (Easterday Ranches), more than $233 million to which they were not entitled.</span></p>

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 risk-based limits concerning trading by that customer.</span></p>

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