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Stock impact report

A-Mark Precious Metals, Inc. Reaches $1.1 Million Settlement with CFTC

A-Mark Precious Metals, Inc. (AMRK) 
Last a-mark precious metals, inc. earnings: 5/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: amark.com/investors
Company Research Source: GlobeNewswire
EL SEGUNDO, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, announced today that it and its subsidiary, Goldline, Inc., have reached a settlement with the Commodity Futures Trading Commission (CFTC), to fully resolve the CFTC’s investigation into certain retail precious metal transactions engaged in by Goldline from April 2018 to June 2021. Pursuant to the settlement, the companies agreed to pay a fine of $450,000 and disgorgement of approximately $628,000. A-Mark and Goldline entered into the settlement without admitting or denying the CFTC’s allegations and findings. “We are pleased that the matter has been resolved amicably,” said Steven Reiner, Executive Vice President of Capital Markets & Investor Relations of A-Mark. “The settlement, which has no material financial impact on our operations, will enable us to put this matter behind us and allow Goldline to focus on its growth within Show less Read more
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