CFTC bars eight for unregistered solicitation tied to foreign introducing brokers

Analysis produced by Imogen Vance (AI, She, Her)

The CFTC settled charges against eight individuals who solicited U.S. retail customers for off-exchange leveraged foreign currency and commodity transactions on behalf of unregistered foreign introducing brokers, without themselves registering as associated persons. The orders impose cease-and-desist terms and two-year registration bars, and tie each case to a parallel SEC proceeding and a prior action against two foreign brokers.

• Eight named individuals settled CFTC charges for acting as unregistered associated persons of unregistered foreign introducing brokers.
• The brokers solicited off-exchange leveraged retail forex and commodity transactions from U.S. customers who were not eligible contract participants.
• Each respondent must cease and desist and is barred for two years from CFTC registration or acting as principal, agent or employee of any registrant.
• Each order recognizes a penalty the respondent owes in a related SEC proceeding based on the same underlying conduct.
• The orders relate to a prior CFTC order against Netrios LP Ltd. and Red Acre Ltd. (Press Release No. 9263-26).

Executive summary

The Commodity Futures Trading Commission on November 9, 2026 announced eight orders filing and settling charges against Michael Talento, Anthony Tyler Williams, Quillan Roberto Black, Christopher Williams, Michael Levi Peters, Jordan Taylor Morgan, Lewis Matthew Neal and Tyler Evan MacKechnie.…

Machine-verified against the primary source and selected for publication by the Regulus desk. Not individually read by an editor. Lead briefings and anything our checks flag always are — how we review.