Topic
commodities
3 stories
Texas Trader and His Firm Hit With $13 Million Default Judgment in CFTC Commodities Fraud Case
A federal court entered a default judgment ordering Walter Dunning Larrick III and Cambridge Financial Advisors to pay more than $13 million over a commodities fraud that misappropriated over $3 million from participants.
CFTC Wins $6M Default Judgment Against Florida Man Over Options Fraud
A federal court entered a default judgment ordering Michael Frederick Staryk to pay more than $6 million over a commodity options fraud scheme that took money from at least 26 U.S. retail clients.
CFTC Ends Routine Large-Trader Position Reporting for Physical Commodity Swaps
The CFTC issued a final order ending Part 20's routine daily and event-based position reports for physical commodity swaps, while keeping recordkeeping and special-call powers in place.