United States:
NFA Charges CTA For Disclosure And Recordkeeping Violations
14 March 2018
Cadwalader, Wickersham & Taft LLP
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The National Futures Association ("NFA") Business
Conduct Committee
charged a commodity trading advisor with providing materially
false and misleading disclosure documents to customers and
violating recordkeeping and disclosure requirements. The
complaint lists potential penalties and states that NFA
member firm Stock Mentor LLC, through Brian Kelley Johnson,
sole owner, principal and associated person, may face fines of
up to $250,000 for each violation, along with suspensions or
expulsions.
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