CFTC Files Enforcement Actions against International Commodity Advisors, ProfitStars Int’l Corp., and Paragon FX Enterprises, Alleging Violations of the Commodity Exchange Act and Forex Regulations
11/16/2011 02:28 PM EST
The CFTC filed separate but related civil injunctive complaints in the U.S. District Court for the Southern District of New York in connection with the operation of two forex pooled investment vehicles operated by International Commodity Advisors of Marietta, Ga., and ProfitStars Int’l Corp. of Dallas, Texas. The CFTC filed a third injunctive action against Paragon FX Enterprises, LLC of New York, N.Y.
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