September 29, 2014

The CFTC has filed a a federal complaint against Gerald J. Considine of Oak Park, Illinois, and his companies, Novo Trading LLC and Considine Trading Corp., charging the defendants with fraudulently soliciting more than $2.4 million from at least nine customers to open managed commodity futures or foreign exchange accounts and misappropriating more than $1.65 million of those funds.  CFTC