Latest news
NFA orders former New York-based commodity pool operator and commodity trading advisor Commodity Asset Management LLC not to reapply for NFA membership
March 9, Chicago – NFA has ordered Commodity Asset Management LLC (Commodity Asset Management), a former NFA Member commodity pool operator and commodity trading advisor located in New York, N.Y., not to reapply for NFA membership or act as a principal of an NFA Member at any time in the future. NFA also ordered Jonathan Mark Tulkoff, a prior associated person and principal of Commodity Asset Management and former NFA Associate, not to reapply for NFA membership or act as a principal of an NFA Member for nine months and further order him to pay a $100,000 fine and comply with an undertaking if he reapplies for NFA membership or principal status in the future.
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.