December 4, 2015

The CFTC has filed a civil enforcement action charging David Bryant of Los Angeles County with fraud and acting as a Commodity Pool Operator without being registered with the CFTC; the CFTC’s complaint alleges that between at June 2014 and the present, Bryant fraudulently solicited and accepted at least $3 million from pool participants, claiming he was trading their funds in an account for the Bryant Family Investment Fund LLC. According to the CFTC’s complaint, there was no Bryant Family Investment Fund LLC account, and Bryant actually lost over $2.6 million trading in his personal accounts during this period. CFTC

Tagged in: Fraud in CFTC-Regulated Markets, Regulatory Violations,