The Futures Futures (CFTC) Committee has submitted a proposed final decision and order of consent to its differences against LJM Funds Management Ltd., (LJMFM) LJM Partners Ltd.
The proposed consent order is to settle the categories brought by CFTC in May 2021. The regulator charges Chicago’s Ljm Partners Ltd and LJM Funds Management Ltd, Commodity Fraud and Frundity. Regarding the options for future fulfillment contracts for false or misleading statements on worse case losses, risk management and LJM risk profile.
The complaint also charges LJM and Caine with the failure to thoroughly supervise employees and its agents.
The proposed consent order, submitted to the Northern Regional Court of Illinois on June 24, 2025, states that the defendants agree with a permanent order.
Further, LJMFM and Caine have to pay, together and separately, to exclude one million, seven hundred twenty thousand hundred in seventeen dollars ($ 1,720,317) plus the interest before the Fourthy-Six for six hundred nine thousand. ($ 2,419,446) representing the profits received in relation to the violations intended for the complaint.
The LJM and Caine partners have to pay, together and separately, to disconnect the amount of one million five hundred sixty-seven thousand seven hundred thirteen dollars ($ 1,567,713) plus the interest of the six hundred thirty-seven thousand dollars ($ 637) Exhaustion of hundreds of hundreds of hundreds of dollars. ($ 2,204,825), which represents the profits received in relation to the violations intended for the complaint.
Parvataneni must pay a discoloration of five hundred and twelve thousand dollars, seven hundred twenty -five dollars ($ 512,725) plus the interest before the crisis ($ 721). with the violations intended to complain.
Caine also has to pay a political monetary penalty of five hundred thousand dollars ($ 500,000).
Parvataneni must also pay a two hundred thousand dollars ($ 200,000) political monetary.