The CFTC issued eight settled orders on 9 November 2026 against people who solicited customers in the Netrios and Red Acre case. The orders name Michael Talento, Anthony Tyler Williams, Quillan Roberto Black, Christopher Williams, Michael Levi Peters, Jordan Taylor Morgan, Lewis Matthew Neal and Tyler Evan MacKechnie. The CFTC found that they acted as unregistered associated persons of unregistered foreign introducing brokers.
The CFTC says the respondents solicited leveraged or margined retail forex and commodity trades off exchange from US customers who did not qualify as eligible contract participants. Each must stop the conduct and, for two years, cannot register with the CFTC or serve as a principal, agent or employee of a registrant. Finance Magnates put the related SEC penalties at $650,000 in total and reported that the CFTC imposed no separate monetary penalty.
In the earlier settlement announced on 29 June, the CFTC ordered Netrios LP Ltd. to pay $1.75 million and Red Acre Ltd. to pay $750,000 for facilitating unlawful off-exchange transactions with US customers. Those amounts total $2.5 million and belong to the June company case. The SEC settled separate charges against the individuals over the same underlying conduct.
Sources CFTC · CFTC · Finance Magnates · TradeInformer
This page is an original multilingual editorial summary. It attributes and links to the source report instead of republishing the third-party article.