<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) 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>
The Commodity Futures Trading Commission today announced the filing of a complaint in the U.S. District Court for the Southern District of New York against Samuel Bankman-Fried, FTX Trading Ltd. d/b/a FTX.com (FTX), and Alameda Research LLC (Alameda).
<p><span>The Commodity Futures Trading Commission announced that on August 29, the U.S. District Court for the Northern District of Illinois entered a judgment against </span><span>William Thomas Caniff</span><span>, a resident of Ohio, and his company, </span><span>Berkley Capital Management, LLC</span><span> (BCM), a Wyoming limited liability company with offices in Ohio, and two investment pools that BCM operated as Delaware limited partnerships with offices in Wintersville, Ohio, </span><span>BBOT 1, LP</span><span> (BBOT) and </span><span>Berkley II, LP</span><span> (Berkley II).</span></p>
<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the Southern District of Florida against <span>Rico Cox</span> of Fort Lauderdale, Florida. </span><span>The complaint alleges that, for a second time, Cox </span><span>fraudulently solicited and accepted funds, this time at least $842,900 that was intended for commodity futures trading. Cox has never been registered with the CFTC.</span></p>