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CFTC says commodity pool operator mischaracterized risk-management practices

Image of a list of commodity investments on a stock market trading board.
Photo: Michael M. Santiago/Getty Images

Julie DiMauro

2 min read
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Alleged false or misleading statements were made when describing risk management practices to commodity pool participants and prospects.

The Commodity Futures Trading Commission (CFTC) has announced that the US District Court for the Northern District of Illinois has entered into a consent order imposing permanent injunctive relief, civil monetary penalties and disgorgement against Chicago-based commodity pool operators (CPOs) LJM Partneres Ltd and LJM Management Ltd, plus two executives

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