United States Commodity Futures Trading Commission v. Yu et al
ORDER by Judge Yvonne Gonzalez Rogers granting 35 Administrative Motion for Appointment of Monitor. (fs, COURT STAFF) (Filed on 3/26/2013)
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
UNITED STATES COMMODITY FUTURES
Northern District of California
United States District Court
Case No.: 12-CV-3921 YGR
ORDER GRANTING PLAINTIFF’S
ADMINISTRATIVE MOTION FOR
APPOINTMENT OF MONITOR
VICTOR YU, D/B/A VISCO INTERNATIONAL,
LTD., CURRENCY TRADING CLUB AND
VICTORY FX CLUB, AND VFRS, LLC,,
Plaintiff has filed an Administrative Motion for Appointment of Monitor. (Dkt. No. 35.) No
opposition has been filed. Good cause appearing, the motion is GRANTED.
The Court previously adopted the Report and Recommendations of Magistrate Judge Nandor
Vadas and granted the Commission’s Motion for Default Judgment (Docket No. 34). That judgment
includes an order that the Defendants pay restitution in the amount of $2,148,382.77 (see Docket #
33). The Commission seeks appointment of the National Futures Association (“NFA”) as Monitor to
make distributions of the restitution payments from funds already frozen or subsequently received
from the Defendants will ensure that restitution is promptly and fairly made to Defendants’ former
clients and customers.
The proposed judgment previously submitted by Plaintiff, including appointment of a
monitor, will be entered.
This Order terminates Docket Number 35.
IT IS SO ORDERED.
Date: March 26, 2013
YVONNE GONZALEZ ROGERS
UNITED STATES DISTRICT COURT JUDGE
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