commodity pool operator

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CFTC Sanctions IowaBased Broker With Commodity Trading Fraud

CEDAR RAPIDS, IA – Iowa-based Jeffrey J. Kinseth, and his company, Virtual Vision Inc. were ordered by the U.S. Commodity Futures Trading Commission (CFTC) to pay a civil monetary penalty of $575,000 and restitution of $574,936 for illegally soliciting participants in a pooled investment vehicle, misappropriation of their funds and issuing bogus statements to cover […]

Charlotte, NC – Mitchell Brian Huffman, a Charlotte – based operator of a commodity pool scheme that promised high returns using a “proprietary trading program”, has been charged by the CFTC with fraud regarding exchange-traded commodity futures contracts. Huffman, who never registered with the CFTC, solicited an amount of about $3.2 million from about 30 […]

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