Search Results for: NFA
NFA bars Streamwood, Ill. introducing broker Portfolio Managers Inc. from membership
March 1st, 2016
National Futures Association (NFA) has permanently barred Portfolio Managers, Inc. (PMI), an NFA Member introducing broker located in Streamwood, Ill., and PMI’s LA branch office associated persons (AP) Christopher M. Hogan andThomas G. Heneghan from membership and from acting as principals of an ...
NFA permanently barred an introducing broker firm
January 26th, 2016
National Futures Association (NFA) has permanently barred CC Trading Company LLC (CC Trading), an NFA Member introducing broker located in New York, N.Y., from membership and from acting as a principal of an NFA Member. The Decision, issued by an NFA Hearing ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
NFA permanently barred firms from commodity trading advisor and pool operator membership
September 21st, 2015
NFA bars Burnet, Texas firm McElhannon Group from membership National Futures Association (NFA) has permanently barred the McElhannon Group, Inc. (McElhannon Group), an NFA Member commodity trading advisor, from membership and from acting as a principal of an NFA ...
NFA: Effective date of new Forex Dealer Member Requirements
September 2nd, 2015
Effective date of new Forex Dealer Member Requirements The Commodity Futures Trading Commission (CFTC) recently approved NFA‘s amendments to NFA Financial Requirements Section 11, NFA Financial Requirements Section 12, and NFA Compliance Rule 2-36 and a related interpretive notice ...
NFA bars two British Virgin Islands firms from membership
August 31st, 2015
National Futures Association (NFA) has permanently barred Primary Assets Management Corporation (Primary Assets), an NFA Member commodity trading advisor and commodity pool operator, and Accredited Investment Management Corp. (Accredited Investment), a former NFA Member introducing broker, from membership. Peter ...
FTSE 100 at lowest since 2013 as markets panic over China’s downfall on ‘Black Monday’
August 24th, 2015
The FTSE 100 fell below the 6,000 mark for the first time since 2013 as global stock markets have responded to the free fall of shares in Asia on what has been dubbed ‘Black Monday’. After the Shanghai Composite, ...
NFA bars N.Y. firm Grace Financial Group LLC and its principal Christopher T. Bondy
August 12th, 2015
National Futures Association (NFA) has permanently barred Grace Financial Group LLC (Grace), an NFA Member introducing broker, and Christopher T. Bondy (Bondy), a principal and associated person (AP), from NFA membership. The Decisions as to Grace and Bondy, issued by NFA’s Business Conduct Committee (BCC), are ...
NFA takes emergency enforcement action against commodity trading advisor
July 31st, 2015
National Futures Association (NFA) announced today that it has taken an emergency enforcement action against Jonathan Parker (Parker), an NFA Member commodity trading advisor (CTA) located in Woodstock, Ga. This action was taken to protect Parker’s customers since NFA believes that ...
Citibank to refund $700 million to credit card customers for unfair and deceptive practices
July 22nd, 2015
Citibank, N.A. and some of its subsidiaries is ordered to refund approximately $700 million to customers for unfair and deceptive credit card practices. This includes unfairly billing consumers for credit card add-on products, deceptively marketing those products, and deceptive collection ...
