CFTC Charges Kevin Michael Symons of Foothill Ranch, California and His Company, FTS Financial, Inc., with Fraud and Jerry Austin Simmons of Charlotte, North Carolina with Fraud and Failure to Register with the CFTC

The U.S. Commodity Futures Trading Commission filed a civil enforcement action in the U.S. District Court for the Southern District of New York, charging Kevin Michael Symons of Foothill Ranch, California, his wholly-owned company, FTS Financial, Inc. of Irvine, California, and Jerry Austin Simmons of Charlotte, North Carolina with the fraudulent promotion of Simmons’ “Real Time Trade Room”, an online futures “trading” forum.