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
CFTC says commodity pool operator mischaracterized risk-management practices
Alleged false or misleading statements were made when describing risk management practices to commodity pool participants and prospects.