News

Jan 08
Federal Court Orders Washington State Feedyard to Pay $263 Million for Phantom Cattle Fraud Scheme and Violating Position Limits

Washington, D.C. — The Commodity Futures Trading Commission announced today that Chief Judge Stanley A. Bastian of the U.S. District Court for the Eastern District of Washington issued an order granting a permanent injunction against Easterday Ranches, Inc., and requiring it to pay a combined $263 million in restitution and civil monetary penalty in connection […]

Jan 08
CFTC Orders JPMorgan to Pay $75 Million for Widespread Use by Employees of Unapproved Communication Methods and Related Recordkeeping and Supervision Failures

Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, and J.P. Morgan Securities plc (collectively, JPMorgan), for failing to maintain, preserve, and produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related […]

Jan 08
CFTC Charges Puerto Rico Resident and His Firm for Misappropriation of Nonpublic Information and Fictitious Trading

December 10, 2021 Washington, D.C. — The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Southern District of Texas against Peter Miller, a resident of San Juan, Puerto Rico, and his firm Omerta Capital LLC.  The complaint charges the defendants for receiving […]

Jan 08
Federal Court Sanctions Slovakian Trader and His Principals for Spoofing and Engaging in a Manipulative and Deceptive Scheme

December 08, 2021 Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Illinois entered a consent order on December 7, resolving CFTC charges that Roman Banoczay Jr. (Banoczay Jr.) of Bratislava, Slovakia, as an agent of Roman Banoczay Sr. (Banoczay Sr.) and their company, BAZUR […]

Jan 08
FDA says adults can now get Moderna's COVID-19 booster five months after getting the first two shots

The Food and Drug Administration said Friday that adults who have been vaccinated with Moderna Inc.’s MRNA, -1.02% COVID-19 vaccine can get a booster dose five months after completing the primary series of shots. The previous recommendation was to wait six months. Moderna’s stock was down 0.2% in trading on Friday. The suggested window between […]

Jan 08
Cruise stocks surge, after Stifel analyst says 2022 will be the 'Year of the Cruise!'

Shares of cruise operators rallied Friday, to buck the broad-market selloff, after Stifel Nicolaus analyst Steven Wieczynski pounded the table on the group, saying 2022 was going to be known as the “Year of the Cruise!” Shares of Royal Caribbean Group RCL, +3.98%, which Wieczynski said was his “top idea for 2022,” climbed 3.6%; Carnival […]