Latest news
NFA statement regarding confirmation of Michael Selig as CFTC Chairman
NFA congratulates Michael Selig on his confirmation as Chairman of the Commodity Futures Trading Commission. Mr. Selig's prior service at the CFTC and SEC along with his private sector experience will serve the CFTC extremely well. We look forward to working with Chairman Selig and the Commission on our industry's important regulatory matters. - Thomas W. Sexton, III, NFA President and CEO
NFA orders Delaware-based Alggoritmica Portfolio Management LLC to withdraw from and not reapply for NFA membership
December 17, Chicago—NFA has ordered Alggoritmica Portfolio Management LLC (Alggoritmica), an NFA Member commodity pool operator and commodity trading advisor in Wilmington, Del., to withdraw from, and not reapply for, NFA membership. NFA has also ordered Lino David Flores Hidalgo (Hidalgo), the sole principal and associated person of Alggoritmica, to withdraw from, and not reapply for, NFA membership status for three years and to pay a $75,000 fine and comply with several undertakings if he reapplies for NFA membership or principal status in the future.
NFA orders former Israel-based commodity pool operator Rimar Capital Limited Partnership not to reapply for NFA membership
November 24, Chicago – NFA has ordered Rimar Capital Limited Partnership (Rimar LP), a former NFA Member commodity pool operator located in Netanya, Israel, not to reapply for NFA membership or act as a principal of an NFA Member at any time in the future. NFA also ordered Ryan Philip Gordon, a prior associated person and principal of Rimar LP and former NFA Associate, not to reapply for NFA membership or act as a principal of an NFA Member for two years and to pay a $75,000 fine if he seeks NFA membership or principal status following the two-year period.
NFA orders Sioux Falls, S.D. introducing broker not to reapply for NFA membership
November 5, NFA orders Sioux Falls, S.D. introducing broker not to reapply for NFA membership.