Sunday, July 8, 2012

The Commodity Futures Trading Commission (CFTC) Is Offering Large Rewards International Whistleblowers: Efforts to Expose Market Manipulations in the Cotton Trade and Other International Markets by International CFTC Futures Trading Fraud Whistleblower Lawyer Jason S. Coomer

The Commodity Futures Trading Commission (CFTC) Is Offering Large Rewards and Bounties to International Whistleblowers That Properly Expose International Futures Trading Fraud and Market Manipulation Schemes by International CFTC Futures Trading Fraud Whistleblower Lawyer Jason S. Coomer
The Commodity Futures Trading Commission (CFTC) is offering large financial rewards and bounties to International Whistleblowers that properly expose international futures trading fraud, currency trading fraud, and market manipulation schemes.  These new International Whistleblower Bounty Laws have been enacted to encourage international financial services professionals, high end investors, government officials, international regulators, and other individuals with knowledge of securities fraud, hedge fund fraud, derivatives fraud, financial services government bribes, investment fraud, corporate false accounting, and other SEC violations and CFTC violations, to expose the fraud and corruption.  These new international whistleblower reward laws offer large financial rewards and whistleblower protections for persons including international whistleblowers that qualify and expose significant fraud and corruption.
 
Louis Dreyfus Sued by Trader Over Cotton Futures Pricing - Bloomberg

"Three units of Louis Dreyfus Holdings BV of the Netherlands were sued by a trader who accused the company of manipulating the cotton-futures market." 

"Cotton futures jumped to a record $2.197 a pound on March 7, 2011, after the worst drought in at least a century decimated crops in Texas, the biggest U.S. producer. Prices plunged 58 percent by the end of the year as demand tumbled in China, the world’s largest consumer. The fiber has fallen another 22 percent in 2012."

"At issue in the lawsuit were futures contracts expiring in May 2011 and July 2011. The suit alleged Louis Dreyfus manipulated the prices by taking deliveries of millions of pounds of cotton.  In June 2011, the cotton market experienced a supply “squeeze,” with stockpiles plunging 73 percent in one day, according to consulting firm FCStone Fibers & Textiles."


For more information on this topic, please feel free to go to the following web page: The Commodity Futures Trading Commission (CFTC) Rewards for International Whistleblowers.

No comments:

Post a Comment