The U.S. Commodity Futures Trading Commission announced on June 29, 2026 an order filing and settling charges against Netrios LP Ltd. and Red Acre Ltd. for facilitating illegal off-exchange leveraged or margined retail commodity transactions involving U.S. customers who were not eligible contract participants.
According to the Commission, Netrios sold a specialized service that provided essential functions used to offer and sell leveraged or margined retail commodities through offshore, off-exchange branded platforms that solicited U.S. customers without regard to whether those customers met eligible contract participant requirements. Red Acre intentionally helped Netrios by providing customer and other support. Netrios carried out activities that lawfully could only be performed on a CFTC-registered exchange, and Red Acre aided and abetted Netrios’s illegal activities.
Penalties and Relief
The order requires Netrios LP Ltd. to pay a $1.75 million civil monetary penalty and Red Acre Ltd. to pay a $750,000 civil monetary penalty. Both firms are ordered to cease and desist from the unlawful conduct.
(Source tag: CFTC Press Release No. 9263-26)