September 30, 2016

The CFTC filed a civil enforcement action against Alcibiades Cifuentes and Jennifer Wee Cifuentes, both of West New York, New Jersey, and Cifuentes Fund Management, LLC, alleging the defendants engaged in an off-exchange, leveraged or margined retail foreign currency fraud, commodity pool fraud, and failed to register with the CFTC.  CFTC

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