SEC Obtains Final Judgment Against So-Called Market Maker Based in United Arab Emirates
April 18, 2025
April 18, 2025
WASHINGTON, April 18 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-12590-AK; D. Mass. filed Oct. 9, 2024):
* * *
Securities and Exchange Commission v. CLS Global FZC LLC and Andrey Zhorzhes, No. 1:24-cv-12590-AK (D. Mass. filed Oct. 9, 2024)
On April 7, 2025, the U.S. District Court for the District of Massachusetts entered final judgment against United Arab Emirates entity CLS Global FZC LLC, a self-proclaim . . .
* * *
Securities and Exchange Commission v. CLS Global FZC LLC and Andrey Zhorzhes, No. 1:24-cv-12590-AK (D. Mass. filed Oct. 9, 2024)
On April 7, 2025, the U.S. District Court for the District of Massachusetts entered final judgment against United Arab Emirates entity CLS Global FZC LLC, a self-proclaim . . .