Notices of Covered Actions

Notice of Covered Action

October 14, 2020

Notice of Covered Action No. 2020-022 – Michael J. Salerno, Black Diamond Forex LP, BDF Trading LP (d/b/a Advanta FX), Advanta Capital Markets, Inc. (d/b/a Advanta FX), Black Diamond Investment Group LLC, Advanta Capital Markets Ltd., f/k/a Black Diamond Capital Ltd., f/k/a Black Diamond Forex Ltd.

Award Claims Due No Later than January 12, 2021

The Commodity Futures Trading Commission hereby gives notice that individuals may submit whistleblower award claims within 90 days from today’s date for the following matter:

Press Release: PR8283-20 - Federal Court Orders Pennsylvania Man and His Companies to Pay More Than $1.2 Million in Forex Trading Scheme

Order: Michael J. Salerno, Black Diamond Forex LP, BDF Trading LP, Advanta Capital Markets, Inc., Black Diamond Investment Group, LLC, and Advanta Capital Markets Ltd. (Case No. 2:18-cv-01585-CMR, E.D. Pa., Sept. 23, 2020)

    The Commission posts Notices of Covered Actions for each Commission enforcement action where a final judgment or order – by itself or together with prior judgments or orders in the same action issued after July 21, 2010 – results in monetary sanctions exceeding $1 million.

    Individuals who voluntarily provided the Commission with original information after July 21, 2010 that led to the successful enforcement of a Covered Action are eligible to claim a whistleblower award.

    To make an award claim, you must submit a Form WB-APP by mail or facsimile to the following address:

    Commodity Futures Trading Commission
    Whistleblower Office
    1155 21st Street, NW
    Washington, DC 20581
    Fax: (202) 418-5975

    All award claims for this Notice must be received no later than January 12, 2021.

    Please note that by posting a Notice of Covered Action, the Commission has not made any determination that a whistleblower tip, complaint or referral led the Commission to open an investigation or file an enforcement action, or that an award to a whistleblower will be paid in connection with the action.

    Please email any questions about this Notice to the Whistleblower Office at [email protected].

    Notice No. 2020-022