As this new press release indicates, INT FCStone continues to expand while leaving behind a trail of defrauded investors. It is unclear what, if anything, the CFTC is planning to do for the unfortunate victims of the OptionSellers/INT FCStone case.
If this was under the jurisdiction of the SEC, corrective action would have already been taken. In the Bernie Madoff case of 10 years ago Madoff was sentenced to 150 years in jail.
I have encouraged the victims of the OptionSellers/INT FCStone fiasco to file a complaint with the CFTC and their members of Congress, especially if those members are on the Committees of Jurisdiction, the House and Senate Agriculture Committees. Moreover, I hope that at least one of these Committees will hold public hearings soon.