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Violation Tracker Individual Record

Company: Emini Experts, LLC and Capital Trading Concepts LLC
Penalty: $2,795,901
Year: 2016
Date: June 22, 2016
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: securities issuance or trading violation
Violation Description: The U.S. Commodity Futures Trading Commission announced that the U.S. District Court for the Middle District of Florida entered a Default Final Judgment Order against Emini Experts, LLC and Capital Trading Concepts LLC for defrauding clients in connection with the operation of a commodity trading pool. The court's order required Emini and Capital Trading jointly to pay $663,975 to defrauded customers as restitution for their losses and jointly to pay a $1,991,926 civil monetary penalty. The Order also separately imposed an additional $140,000 civil monetary penalty.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.