# Michigan Federal Court Orders Florida Corporations Millenium Trading Group LLC and Worldwide Clearing LLC, and Florida Resident Cedric Stanton, to Pay More Than $10 Million in Sanctions

> CFTC release 5420-07 · 2007-12-07 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5420-07
- **Release date:** 2007-12-07
- **Type:** Other enforcement
- **Title:** Michigan Federal Court Orders Florida Corporations Millenium Trading Group LLC and Worldwide Clearing LLC, and Florida Resident Cedric Stanton, to Pay More Than $10 Million in Sanctions
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5420-07

## 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 5420-07, "Michigan Federal Court Orders Florida Corporations Millenium Trading Group LLC and Worldwide Clearing LLC, and Florida Resident Cedric Stanton, to Pay More Than $10 Million in Sanctions", 2007-12-07. Retrieved via AI Analytics 2026-05-21 from https://api.ai-analytics.org/cftc-action/5420-07.

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