---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-025853"
form_type: "8-K"
ticker: "MGLD"
cik: "0001005101"
company_name: "Marygold Companies, Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:24:58.672150+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Concierge subsidiary USCF settles SEC/CFTC enforcement for $2.5M penalty

## Summary
- USCF and USO settled SEC and CFTC charges over alleged misstatements during Apr-May 2020.
- Total civil penalty of $2.5M; USCF paying $1.25M to each of SEC and CFTC.
- Cease-and-desist orders issued; USCF and USO consented without admitting or denying findings.
- Wells Notices were received in August 2020; settlement announced November 8, 2021.

## SEC filing metadata
- accession: 0001437749-21-025853
- form_type: 8-K
- ticker: MGLD
- cik: 0001005101
- company_name: Marygold Companies, Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005101/000143774921025853/0001437749-21-025853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005101/000143774921025853/cncgd20211108_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-025853
- JSON: https://secwatch.observer/filing/0001437749-21-025853.json
- Plain text: https://secwatch.observer/filing/0001437749-21-025853.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.