The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Advantage Futures LLC, a Chicago-based Futures Commission Merchant, for failing to diligently supervise the handling of certain commodity interest accounts, for deficient risk management and credit risk practices, and for knowingly making inaccurate statements to the CFTC through the submission of required risk manuals and the Annual Chief Compliance Officerâs Report.
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