CFTC Settles Action against Douglas Elsworth Wilson and Three Calif...
The CFTC announced that it obtained a federal court order in California that requires defendants Douglas Elsworth Wilson of Poway, Calif., and three companies he controls and manages, Elsworth Berg Capital Management LLC, Elsworth Berg Inc., and Elsworth Berg FX LLC, jointly and severally to pay $3,965,670.71 in restitution to customers as well as a $1.5 million civil monetary penalty.