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My Forex Funds Read the Fine Print: Did the CFTC File One Document Too Many? - Forex Factory

From financemagnates.com

My Forex Funds lawyers couldn't believe their eyes. A minute detail in a recent court filing by the Commodity Futures Trading Commission (CFTC) led them to allege that the regulator was aware of its mischaracterization of the payments in the initial allegations against the prop trading firm and its CEO, Murtaza Kazmi. The mischaracterization led to a court order to freeze the assets of both the company and its CEO, which has now been changed by the court. On Tuesday, the prop trading firm filed a motion highlighting that the CFTC "knowingly included false information in the initial ex parte application for a ... (full story)

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2023-12-07 00:23:00Z
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