Tag Archives: CTA
NFA files complaint against Tracy Morgan Spaeth charging him with multiple misleading forex practices
23
2011
One of the webinars that Spaeth used to solicit customers promoted a computerized forex trading system, known as Tradestar, that the webinar claimed was almost risk-free and consistently profitable. The Tradestar trading system was developed and/or owned by Trade Star Incorporated, a company controlled by a convicted felon named Robert Mihailovich (Mihailovich), who, in July 2010, was charged by the Commodity Futures Trading Commission (CFTC) with fraudulently soliciting over $30 million from customers for forex and futures investments.
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CFTC Charges Linda Harris, Chance Harris and Two of Their Companies with Forex Fraud
25
2011
Linda Harris’s name sounded vaguely familiar and I went through all my contacts and emails. And viola! in May 2009 (one month after FM’s launch) I found an email exchange with Linda Harris who used the lharris@cdhgroupllc.com email and represented to me that she was a registered CTA offering Forex investment management via Managed Account Program and Forex Investment Advisory service. She also said that she used Advanced Markets for her Managed Accounts Program.
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Traditional Hedge fund managers and CTA’s have been opening their portfolios to FX markets as Forex is gaining recognition as an avid asset class that should be taken seriously.
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NFA takes emergency enforcement action against Texas CTA FIN FX LLC and its principal
28
2011
April 26, Chicago – National Futures Association (NFA) announced today that it has taken an emergency enforcement action against FIN FX LLC (FINFX) and its principal, Leon L. Wolmarans. FINFX is a Commodity Trading Advisor located in Carrolton, Texas. NFA’s …
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