Category: US News
Pedro de Sousa, Forex Fraud, Florida 2010
Orlando, FL – On July 14, 2010, the U.S. Commodity Futures Trading Commission (CFTC) charged Pedro de Sousa, along with Guillermo Rosario, in connection with a $535,000 forex fraud. The charges were filed in the U.S. District Court for the Southern District of Florida on July 13, 2010. De Sousa, also known as Pedroiz J.…
Caroline D. Pham, Crypto Initiative, District of Columbia 2025
WASHINGTON, D.C. – Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced today, August 21, 2025, a new initiative focused on the implementation of recommendations from the President’s Working Group on Digital Asset Markets report. The CFTC will begin a “crypto sprint” aimed at facilitating digital asset trading at the federal level. Pham stated…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – W Resources, LLC, a Dallas, Texas-based company, has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The order, issued September 5, 2017, also mandates that W Resources cease and desist from further violations of the Commodity…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – W Resources, LLC, a Dallas, Texas-based company, has been ordered to pay a $150,000 penalty for operating as an unregistered Commodity Pool Operator (CPO), the U.S. Commodity Futures Trading Commission (CFTC) announced on September 5, 2017. The CFTC found that W Resources managed three commodity pools – W North Fund LLC, W…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – Dallas, Texas-based W Resources, LLC has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The CFTC issued the order on September 5, 2017, and simultaneously charged the company with violating the Commodity Exchange Act (CEA). The…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – W Resources, LLC, a Dallas, Texas-based firm, has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The order, issued September 5, 2017, also demands W Resources cease and desist from further violations of the Commodity Exchange…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – Dallas, Texas-based W Resources, LLC has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The CFTC issued the order on September 5, 2017, and simultaneously mandated a cease and desist from further violations of the Commodity…
Deutsche Bank Securities Inc., Regulatory Failures, New York 2014
Washington, D.C. – Deutsche Bank Securities Inc. (DBSI) has been penalized $3 million by the U.S. Commodity Futures Trading Commission (CFTC) for multiple regulatory failures, the agency announced December 22, 2014. The charges stem from deficiencies in handling customer segregated funds, inaccurate financial reporting, and inadequate record-keeping, spanning from 2009 to 2013. According to the…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – W Resources, LLC, a Dallas, Texas-based firm, has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The order, issued September 5, 2017, also mandates that W Resources cease and desist from further violations of the Commodity…
W Resources LLC, Unregistered CPO, Texas 2017
Washington, D.C. – W Resources, LLC, a Dallas, Texas-based firm, has been ordered to pay a $150,000 penalty by the U.S. Commodity Futures Trading Commission (CFTC) for operating as an unregistered Commodity Pool Operator (CPO). The CFTC issued the order on September 5, 2017, and simultaneously directed the company to cease and desist from further…
