COESfx fined over fraud
A New York court ordered the platform to pay $246,601 to defrauded clients, in a case brought by the Commodity Futures Trading Commission (CFTC). In a separate case, the CFTC fined a Florida company $500,000 for soliciting funds from clients while unregistered.
The order for COESfx to refund clients dates back to a CFTC enforcement action against the company filed in 2005. It charged co-defendants Anthony Frisone and Windsor Forex Trading Corporation (WFTC) with fraud in the solicitation of
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