The Commodity Futures Trading Commission sued four defendants, including a Canadian law firm and a lawyer, in a federal court in Illinois for engaging in illegal, fictitious transactions involving single stock futures. The purposes of this trading, said the CFTC, was for the respondents to transfer funds from the law firm to another corporation. The four defendants are MetroWest Law Corporation, a Canadian law firm located in Vancouver, Canada; John Briner, an attorney also residing in Vancouver, who is the 100% owner of MetroWest; Tech Power Inc., an information technology company located in California; and Matthew Marcus, the president, secretary, treasury and director of Tech Power. Mr. Marcus was a client of MetroWest and Mr. Briner, claimed the CFTC. The CFTC also noted that, previously, in October 2013, MetroWest was placed into custodianship, although Mr. Briner continued control over a MetroWest trading account. According to the CFTC’s complaint, on seven consecutive days from January 28 to February 5, 2014, Mr. Marcus and Mr. Briner entered into 624 round-turn trades for 1,248 “perfectly matched, pre-arranged, non-competitive transactions in single stock futures” traded on OneChicago, LLC. The objective, alleged the CFTC, was to move US $390,000 from the MetroWest account to an account in the name of Tech Power. The transactions were structured, observed the CFTC, by having one account of Tech Power buy an illiquid single stock futures contract at a lower price in a pre-arranged transaction with MetroWest, and then later having Tech Power sell the identical SSF contract to MetroWest at a higher price. Through its litigation, the CFTC is seeking disgorgement of profits, civil monetary penalties, registration bans and injunctions against further violations of law.