Page 222 - 《期货和衍生品行业监管动态》（2022年合集）

期货和衍生品行业监管动态

The Commodity Futures Trading Commission today issued an order
simultaneously filing and settling charges against Starberry Limited for acting as a

futures commission merchant (FCM) without being registered. Specifically, Starberry

accepted and placed orders and accepted money in connection with those orders from

a foreign customer for NYMEX West Texas Intermediate (WTI) crude oil futures

contracts.

The order requires Starberry to pay a $1,376,206.81 civil monetary penalty and

cease and desist from violating Section 4d(a)(1) of the Commodity Exchange Act

(CEA), 7 U.S.C. § 6d(a)(1). Starberry also agrees to disgorge $1,376,206.81 in

commission and fees it unlawfully earned by acting as an FCM without registration.

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

回 到 首 页 185 回 到 目 录