US District Court Levies $6M in Fines, Restitutions Against David Bryant

[kreslik.news]

The US Commodity Futures Trading Commission (CFTC) has issued a Consent Order for permanent injunction against California resident, David Bryant, along with upwards of $6 million in penalty and restitution for his fraudulent solicitation actions as an unregistered Commodity Pool Operator (CPO), according to a CFTC statement.

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The recent decree was handed down by the US District Court for the Northern District of Illinois and follows on the heels of a December 2015 complaint against Bryant. In particular, he illegally ... (read more)