The CFTC sued Illinois-based Maize Capital Management LLC, Maize Asset Management LLC, and chief operating officer Scott M. Ross. The CFTC alleged that the entities involved misrepresented facts regarding the qualifications of investors who would participate in a $6 million commodity pool. Further, periodic account statements misrepresented the profitability of customer accounts and customer funds were mishandled.
Share this post
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email