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Commodity options trading risks and fraud concerns grow
The piece explains what commodity options are, how they work, and why they appeal to investors yet carry high risk. It cites cases of broker fraud, naked options, and limited enforcement by the CFTC, with quotes from Wade and other officials noting ongoing fraud and the need for stronger state and federal action.
MENTIONED IN THIS ARTICLE
London Commodity Exchange
London
Goldman Samuelson
Chicago Board of Trade
IBM
Securities and Exchange Commission
Dallas
London Exchange
Commodity Futures Trading Commission
CFTC
Federal Commission
Iowa
Wade
Bill Hoar
Bruce Stoner