CFTC Hits Commodity Hedge Fund Manager Over Allegedly False Statement

Jun 14 2013 | 10:04am ET

The Commodity Futures Trading Commission has sued an Arizona hedge fund manager for sending bogus statements to his clients.

Thomas Hampton raised about $5.2 million in 2010 and 2011 for a commodities hedge fund, trumpeting its profits to investors. The only problems were, Hampton Capital Markets was regularly losing money and Hampton himself had failed to register as a commodity pool operated.

According to the CFTC, Hampton defrauded at least 72 people.

The regulator said it is seeking disgorgement, restitution and fines, as well as a trading ban.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of