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.
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