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Challenges of Making Financial Decisions and Avoiding Fraudulent Schemes

Authors
  • Mattos, Fabio
Publication Date
Nov 03, 2021
Source
University of Nebraska - Lincoln
Keywords
License
Unknown
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Abstract

Last month there was an article in the local newspaper about a man accused of defrauding commodity investors for several years in Nebraska. This person is a commodity pool operator (CPO), who is an individual or organization that operates a commodity pool and solicits funds for that pool. A commodity pool is an enterprise in which funds contributed by a number of clients are combined for the purpose of trading futures contracts, options contracts, among other types of financial products. Generally speaking, a CPO manages an investment fund focused on commodity products.

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