# Tennessee Foreign Currency Firm FxTrade Financial, LLC, and Jeffrey Mischler, its CEO and Managing Partner, Along with Seven Others, Agree to Order Finding that They Violated Court Orders Preventing Dissipation of Customer Funds

> CFTC release 5051-05 · 2005-02-24 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5051-05
- **Release date:** 2005-02-24
- **Type:** Other enforcement
- **Title:** Tennessee Foreign Currency Firm FxTrade Financial, LLC, and Jeffrey Mischler, its CEO and Managing Partner, Along with Seven Others, Agree to Order Finding that They Violated Court Orders Preventing Dissipation of Customer Funds
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5051-05

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 5051-05, "Tennessee Foreign Currency Firm FxTrade Financial, LLC, and Jeffrey Mischler, its CEO and Managing Partner, Along with Seven Others, Agree to Order Finding that They Violated Court Orders Preventing Dissipation of Customer Funds", 2005-02-24. Retrieved via AI Analytics 2026-07-28 from https://api.ai-analytics.org/cftc-action/5051-05.

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