<p><span>The Commodity Futures Trading Commission today announced that it has filed a civil enforcement action in the U.S. District Court for the Eastern District of California against </span><span>Eshaq M. Nawabi</span><span> of either Salida or Manteca, California and his companies </span><span>Nawabi Enterprise</span><span> and </span><span>Hyperion Consulting Inc</span><span>. The complaint charges the defendants with fraud and misappropriation related to an off-exchange foreign currency (forex) trading scheme in which they solicited funds totaling at least $543,000 from at least seven investors.</span></p>
<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the U.S. District Court for the District of Massachusetts against </span><span>Uduakobong Udo Inyangudo a/k/a Alexander Uti Bassey</span><span> of Lagos, Nigeria; </span><span>Vanessa B. Okocha</span><span> of Houston, Texas; </span><span>Amen M. Okundaye</span><span> of Houston, Texas </span><span>Charles A. Ochi</span><span> of Grant Prarie, Texas; </span><span>Diego I. Okeh</span><span> of Brooklyn, Maryland; </span><span>Daniell N. Liggins</span><span> of Dallas/Ft. Worth, Texas; </span><span>Victor O. Edeh</span><span> of Waltham, Massachusetts; and </span>&
CFTC Orders Idaho Man To Pay $150,000 For Registration Violation And Violations Of Commodity Pool Operator Regulations 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.
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 AGP to cease and desist from further violations of Section 4a(b)(2) of the Commodity Exchange Act and CFTC Regulation 150.2, as charged.