CFTC Charges Haena Park And Her Companies Phaetra Capital GP LLC, a/k/a/ Argenta Capital GP LLC, Phaetra Capital Management LP, a/k/a Argenta Capital LLC, And Argenta Group LLC With Misappropriation And Fraud - The Complaint Also Charges Park And Yul Kaseman With False Statements To The NFA

The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the Southern District of New York, charging Haena Park (Park) and her companies Phaetra Capital GP LLC, a/k/a/ Argenta Capital GP LLC, Phaetra Capital Management LP, a/k/a Argenta Capital LLC, and Argenta Group LLC, (collectively, Pool Defendants) with fraudulently operating a commodity pool and misappropriation of pool participants’ assets. The complaint also charges Park and Yul Kaseman with making false statements to the National Futures Association.