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National Futures Association

Vision Sanctions Over ACE Long Time Coming

Daniel P. Collins | Posted 11.29.2013 | Media
Daniel P. Collins

Several years ago a broker at Vision told me they abandoned that controversial IB management fee structure and had been working on restoring their reputation, which he acknowledged was not the best.

Eleazar David Melendez

Jon Corzine Avoids Lifetime Trading Ban | Eleazar David Melendez | Posted 02.21.2013 | Business

NEW YORK -- A private market regulator refused to ban former MF Global chief Jon Corzine from trading with other people’s money Thursday, rejecting ...

Eleazar David Melendez

Trade Group To Consider Banning Jon Corzine From Trading | Eleazar David Melendez | Posted 02.20.2013 | Business

A private regulatory body will consider on Wednesday whether it should ban former New Jersey Gov. Jon Corzine from putting other's people money at ris...

Disgraced CEO To Lose Life Insurance Plans, Private Plane

Reuters | Posted 10.06.2012 | Business

* CEO's receiver seeks to unload insurance policies, plane * One policy has cash surrender value of about $1.3 million *...

PFGBest CEO Likely Had 'Some Type Of Assistance,' Lawyer Says

Reuters | Posted 09.26.2012 | Business

* "Hard to envision" Peregrine CEO acted alone-son's lawyer * NFA president also raised possibility CEO had accomplice *...

Watchdog Admits Being 'Fooled' By CEO

Reuters | Posted 09.24.2012 | Business

* NFA president says auditors followed proper procedures * But says audit steps "not good enough anymore" * CFTC's Gensl...

Watchdog Scolded For Taking Brokers At Their Word Amid 20 Year Fraud

Reuters | Posted 09.17.2012 | Business

* NFA let firms verbally pledge to do better-2002 report * CFTC report called practice troubling * Report came during mi...

How One Watchdog Missed Blatant Fraud For 20 Years

Reuters | Posted 09.12.2012 | Business

* 20-year-fraud raises questions about NFA oversight * Sources say NFA auditors typically new college grads * NFA offici...

Brokerage Founder Attempts Suicide As Firm Loses Customer Funds

Reuters | Posted 09.08.2012 | Business

By Tom Polansek and David Sheppard CHICAGO/NEW YORK, July 9 (Reuters) - More than $200 million in customer funds appears to be missing...

Money Manager Accused Of Threatening To Kill 47 Regulators

Posted 05.25.2011 | Business

NEW YORK, Jan 14 (By Jonathan Stempel) - A New York money manager with a long history of legal battles with the government has been charged with threa...

Hedge Fund Permanently Banned From Trading

Crain's Chicago Business | Ann Saphir | Posted 05.25.2011 | Chicago

Lake Shore Asset Management Ltd. has been permanently expelled from the National Futures Assn. after failing to cooperate in a fraud investigation....