CFTC Secures More Than $9 Million Order in Louisiana Forex Case

The Commodity Futures Trading Commission secured a court order requiring a Louisiana man and companies associated with him to pay more than $9 million in an enforcement case involving alleged foreign-exchange fraud. Forex trading is part of the derivatives markets overseen by the CFTC. The agency has authority to pursue enforcement actions involving fraud in those markets. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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