Friday, September 21, 2012

Reuters: Regulatory News: Infinity Futures to pay $340,000 over supervision problems-CFTC

Reuters: Regulatory News
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Infinity Futures to pay $340,000 over supervision problems-CFTC
Sep 21st 2012, 20:01

WASHINGTON, Sept 21 | Fri Sep 21, 2012 4:01pm EDT

WASHINGTON, Sept 21 (Reuters) - The U.S. Commodity Futures Trading Commission ordered Infinity Futures LLC, an introducing broker, to pay 340,000 over supervision violations, the agency said on Friday.

The CFTC said that Infinity employees ignored warning signs that third party customer funds were improperly being deposited in a proprietary trading account.

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