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CFTC fines CHS Hedging $6.5m for supervision failures

Photo: Getty Images

Martina Lindberg

2 min read
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The Minnesota company failed to properly manage risk, enabling a customer to engage in speculative trading and deposit uncontrolled money.

The Commodity Futures Trading Commission (CTFC) has come to a settlement with the registered futures commission merchant (FCM) CHS Hedging LLC, of Inver Grove Heights, Minnesota, after charges for anti money laundering (AML), risk management, recordkeeping, and supervision violations.

These violations charges come as a result of CHS Hedging’s failure

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