The Commodity Futures Trading Commission commenced an enforcement action in a US federal court in New York against Wall Street Pirate Management, LLC, an entity that was registered with the Commission as a commodity pool operator from December 2011 through September 2013, and the firm’s sole managing member and employee, Gary Creagh. The CFTC charged that, during the time Wall Street Pirate was registered as a CPO, Mr. Creagh made false statements to, and concealed information from, the National Futures Association. Specifically, alleged the CFTC, during the relevant time, Mr. Creagh represented that a commodity pool he operated on behalf of Wall Street Pirate was not active and he had not solicited customers, when in fact he had solicited funds for the pool, and the pool was active and trading futures contracts. The CFTC also charged that Wall Street Pirate did not keep required books and records, and did not provide account statements and privacy notices to pool customers, as required by its rules. Among other penalties, the CFTC seeks disgorgement of profits, restitution of funds to customers and civil penalties against the respondents.