Page 25 - 期货和衍生品行业监管动态（2025年12月）

期货和衍生品行业监管动态

Court for the District of Oregon entered a consent order against Robert L.

Adams and SimTradePro Incorporated, both of Oregon, for fraud involving

multiple commodity pools.

The order requires the defendants to pay $2,072,986 in restitution to defrauded

victims. It also permanently bans them from trading and registering with the CFTC

and prohibits further violations of the Commodity Exchange Act and CFTC

regulations, as charged.

The consent order resolves a CFTC enforcement action filed Sept. 30, 2024 [See

CFTC Press Release No. 8993-24].

According to the court’s findings, Adams and SimTradePro fraudulently solicited

and accepted more than $2.3 million from at least 100 customers, many of whom

were planning for retirement, to trade leveraged foreign currency exchange and

leveraged gold and silver contracts in the defendants’ commodity pools. The

defendants misrepresented the amount of fees charged, falsely claiming to only be

paid if their customers made money, and hid trading losses. The court also found that

SimTradePro unlawfully acted as a commodity pool operator and commodity trading

advisor.

In a related criminal action involving the same misconduct, Adams was

sentenced Aug. 12 to 2.5 years in prison and ordered to pay restitution. United States v.

Adams (No. 6:23-cr-00211-MC D. Or.).

The CFTC cautions that orders requiring repayment of funds to victims may not

always result in the recovery of any money because the wrongdoers may not have

sufficient funds or assets. The CFTC will continue to fight vigorously for the

protection of customers and to ensure the wrongdoers are held accountable.

The CFTC thanks the United Kingdom Financial Conduct Authority for its

assistance. The Division of Enforcement also appreciates the support of the Oregon

11