Commodity Futures Trading Commission (CFTC) has ordered Alaron Trading to pay a $180,000 penalty and restitution of $119,295.14 to customers.
The penalty follows an investigation by CFTC, which concluded that from at least July 2004 until February of 2006, Alaron failed to diligently supervise its employees in their handling of certain accounts managed by an unregistered commodity trading advisor...