Statement about my CFTC case
In 2020, I settled a 4-year civil case with the CFTC.
Their review began around a technicality because I had overlooked updating the corporation name on my CTA license, which I had since 2007. The case then expanded to the wording on my old website and the non-inclusion of proper disclosures. The CFTC limited the scope of their inquiry to the period from July 2014 to December 2015.
I have been trading and teaching students for 18 years, and the period from July 2014 to December 2015 (when I operated under the brand name “Global Trade Room”) was the only time in my career I took on trading partners as part of my service. Decisions my partners made (such as how they ran the service) helped impair my dealings with the CFTC.