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Case Summary

ACM USA LLC NFA 09BCC00011 NFA ID: 0388715

Respondent/Effective Date Summary
 NFA IDRespondentEffective Date
 0388715ACM USA LLC10/13/2009
 0394977ANDERSON, EDWARD GEORGE10/13/2009
Rule Summary
 NFA IDRespondentRule Type
 0388715ACM USA LLC• F.R.SEC1NEW - FCM FINANCIAL REQUIREMENTS
 0394977ANDERSON, EDWARD GEORGE• C.R.2-5 - FAILURE TO COOPERATE W/ NFA
Committee Summary
 NFA IDRespondentCommittee
 0388715ACM USA LLC• HEARING COMMITTEE
  • BUSINESS CONDUCT COMMITTEE
 0394977ANDERSON, EDWARD GEORGE• HEARING COMMITTEE
  • BUSINESS CONDUCT COMMITTEE
Action Summary
 NFA IDRespondentAction Types
 0388715ACM USA LLC• FINANCIAL
 0394977ANDERSON, EDWARD GEORGE• GENERAL CONDUCT
Penalty/Event Summary
 NFA IDRespondentPenalty/EventEvent Date
 0388715ACM USA LLC• FINE $1000009/25/2009
 0394977ANDERSON, EDWARD GEORGE• FINE (CONTINGENT) $500009/25/2009
  • TEMPORARY BAR FROM PRINCIPAL STATUS 1 YRS09/25/2009
Narrative Summary
Narrative for 0388715 - ACM USA LLC
**TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**

COMPLAINT:

On June 10, 2009, NFA issued a Complaint alleging that ACM failed to file required financial reports in a timely manner. The Complaint also alleged that Anderson failed to supervise ACM's operations.

ANSWER:

On June 29, 2009, ACM filed an Answer to the Complaint in which it denied the material allegations contained therein.

DECISION:

On September 25, 2009, ACM was ordered to pay a $10,000 fine.

 
Narrative for 0394977 - ANDERSON, EDWARD GEORGE
**TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**

COMPLAINT:

On June 10, 2009, NFA issued a Complaint alleging that ACM failed to file required financial reports in a timely manner. The Complaint also alleged that Anderson failed to supervise ACM's operations.

ANSWER:

On June 30, 2009, Anderson filed an Answer to the Complaint in which he denied the material allegations contained therein.

DECISION:

On September 25, 2009, Anderson was ordered to refrain from being a principal of an NFA Member for one year; or, alternatively, if Anderson elects to become a principal of an NFA Member during the one-year period, then he was ordered to pay a $5,000 fine to NFA within thirty days of becoming a principal.

 
Case Documents Summary
 NFA IDRespondentDocument Type
 0388715ACM USA LLCANSWER
 0388715ACM USA LLCCOMPLAINT
 0388715ACM USA LLCDECISION
 0394977ANDERSON, EDWARD GEORGEANSWER
 0394977ANDERSON, EDWARD GEORGECOMPLAINT
 0394977ANDERSON, EDWARD GEORGEDECISION
 
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