Page 30 - 期货和衍生品行业监管动态（2022年6月）

期货和衍生品行业监管动态

Acting Director of Enforcement Director Gretchen Lowe said, “The CFTC will
continue to vigilantly investigate and prosecute those who act as FCMs without first

registering.”

Case Background

The order specifically finds that from February 28, 2020 through March 17, 2020,

while not registered in any capacity, Starberry accepted more than $400 million from

a foreign customer and deposited that money in Starberry’s proprietary trading

account. Starberry then executed more than 12,500 NYMEX WTI trades in March

2020, which resulted in more than $86 million in profits for the foreign customer and

$1,376,206.81 in commission and fees for Starberry.

The order recognizes respondent’s substantial cooperation in the form of a
substantially reduced penalty.

https://www.cftc.gov/PressRoom/PressReleases/8547-22

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