Guillermo Rosario of Coral Gables Florida was charged by the U.S. Commodity Futures Trading Commission (CFTC) for defrauding investors in a foreign currency scheme. Mr. Rosario was part owner of FX Professional International Solutions Inc. (FXP) and solicited at least $535,000 from four investors to trade forex contracts through FXP. Mr. Rosario falsely represented FXP trading profits, as well as made false monthly account statements showing profits for their investors. Mr. Rosario and the defendants were ordered to jointly and severally pay a civil monetary penalty of $4,080,000 and be permanently banned from trading on markets subject to the CFTC’s jurisdiction or registering with the CFTC.
Do You Need a CFTC Defense Attorney?
The CFTC has filed many administrative proceedings actions against [State]-based Futures Commission Merchants (FCMs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), and Commodity Trading Advisors (CTAs) or filed Federal court actions against those industry members and others not registered with the agency for allegedly engaged in violation of the Commodity Exchange Act (CEA) through alleged market manipulation schemes or fraudulent cash and/or leveraged coin and/or bullion transactions.
CFTC Defense Trial Lawyer Serving All of Coral Gables Florida
Attorney Pearce’strial lawyer defense skills are highly regarded throughout Coral Gables Florida and across the nation. He began his career with Florida and expanded his nationwide SEC securities law defense practice to include commodities law and the defense of CFTC investigations and enforcement proceedings.
Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Coral Gables Florida Residents
The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case. Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. For dedicated representation by a law firm with over 40 years of experience and success in all kinds of commodities law disputes serving Coral Gables Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.