Action against Respondent, a registered introducing broker, for alleged false statements to a regulator. According to the CFTC, Respondent submitted to an interview in connection with a CFTC investigation, during which he falsely stated that he always spoke with customers and obtained their authorization before executing orders on their behalf.  Respondent has agreed to pay a $50,000 civil monetary penalty and to a five-year registration bar.

CFTC Order

CFTC Press Release