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CFTC charges CHS Hedging with audio comms recordkeeping lapses, trade issues

Bluetooth wireless headset with microphone integrated.
Photo: Getty Images

As a registered futures commission merchant CHS was required to make and keep these audio recordings for not less than one year.

The Commodity Futures Trading Commission (CFTC) has announced that it has issued an order settling charges against CHS Hedging, LLC, a Minnesota based futures commission merchant, for recordkeeping deficiencies and failure to obtain customer authorizations before entering trades for customers.

The order requires CHS Hedging, LLC, to pay a $650,000

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