September 12, 2019

Rafael Marconato of Brazil, the former chief compliance officer of a registered commodity pool operator and commodity trading advisor, has been ordered to pay $150,000 to resolve allegations that he made misstatements to the National Futures Association about the actions of his employer, Phy Capital Investments LLC, f/k/a Phynance Capital Management LLC, and its CEO Fabio Bretas de Freitas, who were accused of misappropriating client funds.  CFTC

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