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Arbitration Details

CITIGROUP GLOBAL MARKETS INC NFA ID: 0002026

An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action.
NFA only discloses information concerning arbitration cases that have been decided by an arbitration panel. NFA does not release the names of parties who have settled their parts in the cases. Furthermore, NFA does not report or release information on cases that closed before January 1, 1990, cases that are still pending, or cases that were settled, withdrawn or rejected. Therefore, the number of NFA Arbitration Decisions reflects the total number of claims filed in NFA Arbitration that were decided by an arbitration panel. These decisions may have been decided in favor of the Claimant or Respondent.
Effective January 1, 2000, NFA discloses the names of persons who represent parties in NFA customer arbitration proceedings if the matters were decided by an arbitration panel. As of the same date, customers may no longer ask NFA to keep their identities confidential.

Case Summary
 Case No.FiledDecision DateProduct
 94ARB0001402/07/199412/15/1994Futures (Domestic Exchange)
Summary of Parties
 CustomersMembersRepresentatives
• JOSEPH D. ANTONELL• SCOTT E BOYLAN
•  CITIGROUP GLOBAL MARKETS INC
• JEFFERY STEVEN SELTZER
• DOUGLAS WURTH
Proceeding Details
 Panel TypeNumber of ArbitratorsProceeding TypeLocation (State)
 MEMBER1SUMMARYFL
Summary of Awards and Claims
 Type Claim Amount Counter Claim 3rd Party Claim Cross Claim
 
Compensatory
Punitive
Treble
Interest
Attorney Fees
Costs
 Claim Award
$4,962.33$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$1,645.64
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
Summary of Issues
NEGLIGENCE, MISREPRESENTATIONS, OMMISSIONS OR MISSTATEMENTS WITH RE- SPECT TO THE RECOMMENDED COMMODITIES TRADING ADVISOR OR THE INVEST- MENTS MADE IN CLAIMANT'S ACCOUNT, FAILURE TO MONITOR CLAIMANT'S ACCOUNT, FAILURE TO SUPERVISE, RELIANCE BY CLAIMANT UPON ANY ACTION OR INACTION OF RESPONDENTS, FULL DISCLOSURE OF THE RISKS INVOLVED IN MANAGED FUTURES ACCOUNTS AND IN PARTICULAR OF THE COMMODITIES TRADING ADVISOR'S EARNINGS PERFORMANCE RECORD BEFORE CLAIMANT OPENED HIS ACCOUNT, FAILURE TO STATE A CAUSE OF ACTION, RATIFICATION AND FAILURE TO MITIGATE DAMAGES.

RESPONDENTS SHALL PAY COSTS TO CLAIMANT ANTONELL.

 
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