Federal Court Orders Operator of Commodity Trading Fund to Pay Restitution and Penalties for Defrauding Fund Participants and Commingling Pool Funds
August 29, 2024
August 29, 2024
WASHINGTON, Aug. 29 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission today announced that the U.S. District Court for the Eastern District of New York entered a consent order finding Harris Bruce Landgarten, a resident of Old Brookville, New York, defrauded pool participants. He also commingled pool funds with his own funds in violation of the Commodity Exchange Act (CEA) and CFTC regulations.
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The Commodity Futures Trading Commission today announced that the U.S. District Court for the Eastern District of New York entered a consent order finding Harris Bruce Landgarten, a resident of Old Brookville, New York, defrauded pool participants. He also commingled pool funds with his own funds in violation of the Commodity Exchange Act (CEA) and CFTC regulations.
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