Federal Court in New York Imposes a $1 Million Fine and othe
Posted: Thu May 30, 2013 7:54 amFederal Court in New York Imposes a $1 Million Fine and other Sanctions against Kevin Cassidy, Former CEO of Optionable Inc.
05/30/2013 11:40 AM EDT
The Commodity Futures Trading Commission today announced that it obtained a federal court order requiring Defendant Kevin Cassidy, formerly of Bedford Hills, New York, former CEO of Optionable Inc., to pay a $1 million civil monetary penalty for violating the anti-fraud provisions of the Commodity Exchange Act and CFTC Regulations.
http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTMwNTMwLjE5MzUxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDEzMDUzMC4xOTM1MTk3MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3NTkwNzcwJmVtYWlsaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZ1c2VyaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&100&&&http://www.cftc.gov/PressRoom/PressReleases/pr6595-13.html
05/30/2013 11:40 AM EDT
The Commodity Futures Trading Commission today announced that it obtained a federal court order requiring Defendant Kevin Cassidy, formerly of Bedford Hills, New York, former CEO of Optionable Inc., to pay a $1 million civil monetary penalty for violating the anti-fraud provisions of the Commodity Exchange Act and CFTC Regulations.
http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTMwNTMwLjE5MzUxOTcxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDEzMDUzMC4xOTM1MTk3MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3NTkwNzcwJmVtYWlsaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZ1c2VyaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&100&&&http://www.cftc.gov/PressRoom/PressReleases/pr6595-13.html