We have received many inquiries regarding the CFTC's complaint filed again Coquest. The underlying message is really critical. Specifically, this case illustrates the CFTC's commitment to the integrity of markets.
Below, Bryan Sansbury gives a quick take on hedge advisors and the importance of compliance.
Commodity interest trading involves risk and, therefore, is not appropriate for all persons; failure to manage commercial risk by engaging in some form of hedging also involves risk. Past performance is not necessarily indicative of future results. There is no guarantee that hedge program objectives will be achieved. Neither this trading advisor nor any of its trading principals offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. The Commodity Futures Trading Commission does not pass upon the adequacy or accuracy of this Advisor’s disclosure and has not reviewed or approved the contents of this webpage.