CFTC Suspends Registration of Mississippi Man for Criminal Charges

The US Commodity Futures Trading Commission (CFTC) announced Thursday the registration suspension of Ted Brent Alexander of Jackson, Mississippi, due to his federal criminal indictment charges with six felony counts of securities and commodities fraud, conspiracy, and wire fraud.

The CFTC noted that Alexander has been registered with it as a commodity trading advisor and associated person since October 2008. The Commission’s Notice of Intent states that the relevant indictment charges Alexander with the commission of, or participation in, crimes involving violations of federal law that reflect upon his honesty or fitness to act as a fiduciary and that are punishable by imprisonment for a term exceeding one year.

Pursuant to the federal commodity laws, Alexander’s registration can be suspended until his criminal matter is completed. If Alexander is found guilty of the charges, his commodity trading advisor and associated person registrations can be permanently revoked.