NFA Fines Firm for Recordkeeping and Supervisory Requirements

The NFA fined Global Futures Exchange Trading Co. ("Global Futures"), a forex dealer, for failing to maintain complete and accurate financial records, prepare accurate net capital computations, comply with the equity withdrawal restriction, and supervise its employees.

To settle the charges, Global Futures and one of its employees agreed to pay a $65,000 fine.

See: Complaint; Decision; Case Summary.