CFTC Seeks to Deny CTA and AP Registrations

The CFTC filed a Notice of Intent ("Notice") to deny the application of Zero Chaos Advisors LLC to register with the CFTC as a Commodity Trading Advisor ("CTA") and of an individual seeking to register as an associated person ("AP") of Zero Chaos.

The Notice alleges that the individual seeking to register as an AP of Zero Chaos is subject to statutory disqualification from CFTC registration based on his 1998 conviction for bank embezzlement, as well as for false or misleading statements that he made in his March 2, 2014 registration applications and prior applications.

The Notice also alleges that Zero Chaos is subject to statutory disqualification based on the disqualifying conduct of its sole principal, the individual seeking to register as the AP of Zero Chaos.

See: CFTC Press Release; CFTC Notice.