# Federal Court Orders Florida Resident Todd Owen Marshall, Harvard Assets LLC, London Assets Inc. & Harvard International Trading, Inc. to Pay More than $2.4 Mln for Engaging in Illegal, Off-Exchange Precious Metals Transactions & Registration Violations

> CFTC release 7393-16 · 2016-06-21 · **Registration / supervisory violation** · ENFORCEMENT

## Key facts

- **Release number:** 7393-16
- **Release date:** 2016-06-21
- **Type:** Registration / supervisory violation
- **Title:** Federal Court Orders Florida Resident Todd Owen Marshall, Harvard Assets LLC, London Assets Inc. & Harvard International Trading, Inc. to Pay More than $2.4 Mln for Engaging in Illegal, Off-Exchange Precious Metals Transactions & Registration Violations
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7393-16

## 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 7393-16, "Federal Court Orders Florida Resident Todd Owen Marshall, Harvard Assets LLC, London Assets Inc. & Harvard International Trading, Inc. to Pay More than $2.4 Mln for Engaging in Illegal, Off-Exchange Precious Metals Transactions & Registration Violations", 2016-06-21. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/cftc-action/7393-16.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*