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1
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RESTRAINING ORDER
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EXTRACTED KEY WORDS
TODD JAMES COURT COMMODITY TRADING GROUP CONSULTANTS INTERNATIOMTL COMMISSION WHEREVER DISPOSING FUNDS ASSETS FUTUREWISE TRADING GROUP ELECTRONICALLY STORED DATA COMPLAINT STATUTORY CONSENT SATISFACTION HEREBY INSOFAR ACTING AGENTS EMPLOYEES WITHDRAWING TRANSFERRING REMOVING CONCEALING INVESTOZR BOOKS BUSINESS SECURITIES |
FEE 08 2082 15: 05 FR COM~IODITY FlJTlJRES 312 353 4502 TO
FEE 08 2002 15:48 FR COflERICR 1 DETROIT CT313 222 4567 TP 913123534502
.
IN THE UNITED STATES DISTRTCT COURT
FOR THE
EASTERN DISTRICT OF MICHIGAN
COMMODITY FUTURES TRADING CIVIL ACTION NO.
COMMISSION,
Pkdiff~
v.
TODD JAMES SMVELY,
COMMODITY CONSULTANTS
INTERlVATIONAJ+ 7NC. AND
FU'lkIWVISE TIbiDl-NG GROUP, ORDER
INC.
Defendants.
STATUTORY RESTRATNTNG
ORDER BY CONSENT
The Court having read the Complaint for Lnjuncrivc and Other Eq$&k @lief, the
Plaintiffs Motion for a Statutory Restraining Order ("SRO"), the Brief in Q&fi
Motion for a SRO, the Declarations of Donald Nash and Soy McConnacc,and 6k&mo&s
thereto, and all other papers filed herein by 111e Plaintiff, Commodit$?~tirq
Commission (`Commission"), it appearing that the Court has jurisdiction over I?$ su&ct
and that Section 6c of the Commodity Exchange Act, as amended ("Act"), 7 U.S.C. 6 13a-1
(2001), permits this Court to grant a statutory rcseraining order by consent; it further
the satisfaction oi' the Court that there is good cause to believe that defendants Todd
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2
.
COMPLAINT
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EXTRACTED KEY WORDS
FUTUREWISE DEFENDANTS INVESTORS COMMODITY VIOLATIONS CCI COMMISSION TRADING REGULATIONS ACCOUNT REPRESENTATIVES FUNDS INTERSTATE COMMERCE PURSUANT TRANSACTION DELIVERY CONTRACTS THEREOF AGENT INTERNET CONTROLLING COURT PERMITTED INVESTORS BOOKS PRACTICES RELEVANT TIME TRADING PLATFORM REQUIRING WILLFUL |
IN THE UNITED STATES DISTRICT COURT
FOR THE
EASTERN DISTRICT OF MICHIGAN
)
COMMODITY FUTURES TRADING ) CIVIL ACTION NO. 02-40041
COMMISSION, )
)
Plaintiff, )
)
v. )
)
TODD JAMES SNIVELY, )
COMMODITY CONSULTANTS )
INTERNATIONAL, INC., )
)
a Michigan corporation, and )
)
FUTUREWISE TRADING GROUP, INC., )
)
a Michigan corporation, )
)
Defendants. )
)
COMPLAINT FOR INJUNCTIVE AND OTHER EQUITABLE RELIEF AND
FOR CIVIL PENALTIES UNDER THE COMMODITY EXCHANGE ACT
I.
SUMMARY
1. Since at least June 2001 and continuing through the present (the "relevant time"),
Todd J. Snively ("Snively"), individually and as an agent for Commodity Consultants
International, Inc. ("CCI") and FutureWise Trading Group, Inc. ("FutureWise") (collectively the
"Defendants"), engaged in an internet-based commodity futures trading scheme in which the
Defendants solicited and received in excess of $2.9 million from at least 60 participants
("investors"). The Defendants purportedly operated an internet web-based trading platform and
permitted investors to trade for their own accounts on that platform. The Defendants also
purportedly permitted investors to place orders with FutureWise and CCI that FutureWise and
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