Based in Parsippany, New Jersey, the firm manages approximately $ 170 million and is registered as a commodity trading advisor and commodity pool operator with the U.S. Commodity Futures Trading Commission and is a member of the National Futures Association, as well as being registered as an investment adviser with the U.S. Securities and Exchange Commission. (rationalmf.com)
Volatility, Commodity and Currency ProShares are a series of exchange traded funds that operate as commodity pools as defined in the Commodity Exchange Act. (proshares.com)
The CFTC Complaint charges the defendants with engaging in a fraudulent scheme to solicit bitcoin from members of the public, misrepresenting that customers» funds would be pooled and invested in products including binary options, making Ponzi - style payments to commodity pool participants from other participants» funds, [and] misappropriating pool participants» funds. (cryptotimes.news)