Action against Defendants, a company and its sole owner, for alleged fraudulent solicitations, false statements to the CFTC about this trading, and failure to register with the CFTC as a Commodity Trading Advisor.  According to the CFTC, Defendant owner solicited funds from customers to trade binary options on their behalf by making false and misleading claims that he was an experienced and successful trader.  The CFTC also alleges that Defendant owner violated a 2008 CFTC Order by trading binary options on Nadex through customer accounts without customer knowledge.

CFTC Press Release   

CFTC Order