he Commodity Futures Trading Commission (CFTC) today announced the U.S. District Court for the Southern District of Texas entered a consent order imposing permanent injunctive relief, civil monetary penalty, restitution, and equitable relief against Marcus Todd Brisco of Hawaii for his fraudulent solicitation and misappropriation of funds in connection with two commodity pools.
The consent order requires Brisco to pay a $350,000 civil monetary penalty and $1.65 million restitution to victims of his fraudulent scheme. The order also imposes permanent trading and registration bans, and a permanent injunction prohibiting Brisco from further violations of the Commodity Exchange Act and CFTC regulations, as charged.
