# CFTC Orders Florida Resident Derek J. Bridges and His Companies, Empire Sterling Metals Corp. and I.P.M. Investments, Inc., to Cease Illegal Fictitious Precious Metals Sales

> CFTC release 6912-14 · 2014-04-18 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 6912-14
- **Release date:** 2014-04-18
- **Type:** Other enforcement
- **Title:** CFTC Orders Florida Resident Derek J. Bridges and His Companies, Empire Sterling Metals Corp. and I.P.M. Investments, Inc., to Cease Illegal Fictitious Precious Metals Sales
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6912-14

## 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 6912-14, "CFTC Orders Florida Resident Derek J. Bridges and His Companies, Empire Sterling Metals Corp. and I.P.M. Investments, Inc., to Cease Illegal Fictitious Precious Metals Sales", 2014-04-18. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/cftc-action/6912-14.

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