Less than a week after the United States Commodity Futures Trading Commission (CFTC) filed a proposed consent order with the Utah District Court in a move that was set to close its case targeting Forex firm JAFX, Magistrate Judge Dustin B. Pead has approved the proposed order. The consent order was signed by the Judge on June 22, 2020. The order, inter alia, provides that JAFX shall pay a civil monetary penalty of $600,000. The Supplemental Consent Order resolves all issues remaining. As FinanceFeeds has reported, the CFTC charged JAFX, an offshore company claiming to operate from St Vincent and the Grenadines and ... (full story)