A U.S. federal judge has dismissed the Commodity Futures Trading Commission’s (CFTC) complaint against Traders Global Group Inc., the parent company of My Forex Funds, with prejudice. The court also approved a sanctions motion against the regulator.

Court Orders CFTC to Pay Fees

In an order signed on May 13, 2025, Judge Edward S. Kiel ruled in favor of the defendants, directing the CFTC to pay legal fees related to the sanctions motion. The CFTC’s separate motion to dismiss was denied as moot.

The defendants have been instructed to submit an affidavit outlining their fees and costs, following the court’s schedule.

Source: Finance Magnates