April 17, 2014

The CFTC issued an Order filing and simultaneously settling charges against Florida resident Derek J. Bridges and his companies Empire Sterling Metals and I.P.M. Investments for engaging in illegal, off-exchange precious metals transactions.  The CFTC Order requires Bridges and Empire jointly to pay restitution totaling $243,000 and Bridges and I.P.M. jointly to pay restitution totaling $15,000 to their customers.  CFTC

Tagged in: Regulatory Violations,