<p><span>The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against </span><span>Goldline, Inc</span><span>. (Goldline) and </span><span>A-Mark Precious Metals</span><span>, Inc. (A-Mark), both California companies, for fraud in connection with </span><span>off-exchange retail commodity transactions; failing to register as a Futures Commission Merchant (FCM); and engaging in illegal off-exchange retail commodity transactions.</span><span> </span><span>The order requires Goldline and A-Mark to disgorge $627,801.78; pay, jointly and severally, a $450,000 civil monetary penalty; and to cease and desist from further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged.</span></p>
A-Mark Precious Metals, Inc Reaches $1 1 Million Settlement with CFTC streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
A-Mark Precious Metals Reports Fiscal Second Quarter 2021 Results
A-Mark Precious MetalsFebruary 9, 2021 GMT
EL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, reported results for the fiscal second quarter ended December 31, 2020.
Fiscal Second Quarter 2021 Financial Highlights Revenues for the three months ended December 31, 2020 increased 44% to $1.52 billion from $1.06 billion for the three months ended December 31, 2019 and decreased 19% from $1.87 billion for the three months ended September 30, 2020 Gross profit for the three months ended December 31, 2020 increased 131% to $18.8 million (1.24% of revenue) from $8.1 million (0.77% of revenue) for the three months ended December 31, 2019 and decreased 48% from $36.1 million (1.94% of r
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
A-Mark Precious Metals Sets Fiscal Second Quarter 2021 Earnings Call for Tuesday, February 9 at .
A-Mark Precious MetalsFebruary 8, 2021 GMT
EL SEGUNDO, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, will hold a conference call on Tuesday, February 9 at 5:00 p.m. Eastern time to discuss results for the fiscal second quarter ended December 31, 2020. Financial results will be issued in a press release prior to the call.
A-Mark’s CEO Greg Roberts, President Thor Gjerdrum and CFO Kathleen Simpson-Taylor will host the presentation, followed by a question and answer period.