CFTC OBTAINS PRELIMINARY INJUNCTION PREVENTING FLORIDA COMMODITY TRADING FIRM, UNITED INVESTORS GROUP, INC. AND FIVE EMPLOYEES, FROM VIOLATING THE COMMODITY EXCHANGE ACT; Nearly 98 Percent Of Accounts Opened At UIG Between August 2003 And June 2004 Lost Money Trading Commodity Options; Customers Lost More Than $6.1 Million, While UIG Charged Over $4.25 Million In Commissions And Fees Press release
Key facts
- Release number
- 5095-05
- Release date
- 2005-06-30
- Type
- Press release
- Primary source
- https://www.cftc.gov/PressRoom/PressReleases/5095-05