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CFTC Orders CNCGC Hong Kong Ltd. to Pay a $150,000 Penalty for Call Cotton Reporting Violations

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The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against CNCGC Hong Kong Ltd., an investment and trading company headquartered in Hong Kong, for failing to file required CFTC Form 304 Cotton On-Call Reports, reporting its call cotton purchases and sales when it held or controlled at least one hundred cotton futures positions, and for filing late Form 304 reports on two occasions.



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