Shipkevich Bitcoin and ICO Attorney


Felix Shipkevich December 8, 2009

On-line Social Networking Groups – Proposed Amendments to NFA’s Compliance Rule 2-29(h) and Adoption of Interpretive Notice On-line social networking groups have changed the way people make trading decisions. A number of NFA Members sponsor blogs, chat rooms, and forums (also called message or bulletin boards), and some use sites like Facebook or Twitter for […]

Felix Shipkevich November 25, 2009

The NFA barred James C. Morton from acting as a principal of an NFA Member for a period of five years and also ordered him to pay a fine of $10,000 in the event that he reapplies for NFA membership or associate membership. The Decisionas to Morton, which was issued by an NFA Hearing Panel, […]

Felix Shipkevich November 24, 2009

The CFTC charged a Minneapolis money manager and a Burnsville radio personality with running a Ponzi scheme that defrauded at least 1,000 people out of more than $190 million in a bogus currency investment scheme. The CFTC  obtained emergency orders freezing the assets held by “self-proclaimed” money manager Trevor Cook, 37, of Apple Valley, and […]

Felix Shipkevich November 19, 2009

South Korea has tightened control over foreign exchange liquidity. The Financial Services Commission watchdog said the measures would enhance the soundness of banks’ foreign currency assets but were not intended to curb the won’s advance. One measure called on banks to hold at least 2 percent of their total foreign assets in foreign treasury bonds […]

Felix Shipkevich November 18, 2009

The US Congress will remove the exemption for foreign exchange swaps and forwards from new central clearing requirements when two over-the-counter derivatives reform bills moving through the House of Representatives are reconciled on the House floor early next month. The forex exemption is the legacy of the 1974 Treasury Amendment to the Commodities Exchange Act. […]

Felix Shipkevich November 15, 2009

Brazil’s Treasury Secretary Arno Agustin confirmed new measures for the currency market are on the way. First, Agustin said “we will resume foreign issues in reais,” as Market News International reported Oct. 9. But he said since interest rates for real-denominated issues have risen since Treasury’s last off-shore issue in June 2007, “we cannot place […]

Felix Shipkevich October 15, 2009

CFTC and SEC filed separate charges against Florida resident David Merrick and Trader’s International Return Network, his Panamanian corporation. The CFTC complaint alleges that “TIRN represented itself as a “private investment club” that provided various investment services, including foreign currency (forex) investing,” misappropriated customer funds, and diverted more than $2 million for Merrick’s personal use.

Felix Shipkevich September 18, 2009

Following a complaint filed in June 2009, the NFA’s Buisness Conduct Committee has found that Capital Blu failed to cooperate fully and promptly with NFA in its investigation of the firm’s operations. The NFA issued a Member Responsibility Action (MRA) against the firm in September 2008, and in April 2009 the CFTC filed an action […]