Violation Tracker Individual Record

Company: 
Harvard Assets LLC, London Assets Inc. , and Harvard International Trading, Inc.
Penalty: 
$2,451,568
Year: 
2016
Date: 
June 20, 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 Southern District of Florida granted the CFTC's motion for entry of final default judgment order against Harvard Assets LLC, London Assets Inc. , and Harvard International Trading, Inc., all three with their place of business in Florida, and their controlling person, Todd Owen Marshall. The order required the defendants to pay disgorgement totaling $612,892 and a civil monetary penalty totaling $1,838,676.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.