( September 27, 2024, 10:40 AM EDT) -- BROOKLYN, N.Y. — A New York federal judge adopted a magistrate judge’s report and recommendation to grant summary judgment to the U.S. Commodity Futures Trading Commission (CFTC) in its suit alleging violations of the Commodity Exchange Act by specified companies engaged in fraudulent commodities trading, finding no objections to the recommendation for granting summary judgment because of a conviction in a criminal case regarding the remaining civil defendant’s conspiracy to commit wire fraud by misrepresenting that pooled investment funds would be used to trade upon the customers’ behalf....