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Case Summary

TRADE DOCK CAPITAL LLC NFA 11BCC00020 NFA ID: 0417738

Respondent/Effective Date Summary
 NFA IDRespondentEffective Date
 0369464DACRUZ, DOMINIQUE MIGUEL05/14/2012
 0417738TRADE DOCK CAPITAL LLC05/14/2012
Rule Summary
 NFA IDRespondentRule Type
 0369464DACRUZ, DOMINIQUE MIGUEL• C.R.2-5 - FAILURE TO COOPERATE W/ NFA
  • C.R.2-39 - SOLICITING, INTRODUCING, OR MANAGING OFF-EXCHANGE RETAIL FOREX TRANSACTIONS OR ACCOUNTS
  • C.R.2-36(b)(1) - CHEAT, DEFRAUD, DECEIVE FOREX CUSTOMERS
  • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS
 0417738TRADE DOCK CAPITAL LLC• C.R.2-5 - FAILURE TO COOPERATE W/ NFA
  • C.R.2-39 - SOLICITING, INTRODUCING, OR MANAGING OFF-EXCHANGE RETAIL FOREX TRANSACTIONS OR ACCOUNTS
  • C.R.2-36(b)(1) - CHEAT, DEFRAUD, DECEIVE FOREX CUSTOMERS
  • R.R.208 - CHANGES REQUIRING NEW REGISTRATION
  • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS
Committee Summary
 NFA IDRespondentCommittee
 0369464DACRUZ, DOMINIQUE MIGUEL• HEARING COMMITTEE
  • BUSINESS CONDUCT COMMITTEE
 0417738TRADE DOCK CAPITAL LLC• HEARING COMMITTEE
  • BUSINESS CONDUCT COMMITTEE
Action Summary
 NFA IDRespondentAction Types
 0369464DACRUZ, DOMINIQUE MIGUEL• SALES PRACTICE
  • GENERAL CONDUCT
 0417738TRADE DOCK CAPITAL LLC• REGISTRATION
  • SALES PRACTICE
  • GENERAL CONDUCT
Penalty/Event Summary
 NFA IDRespondentPenalty/EventEvent Date
 0369464DACRUZ, DOMINIQUE MIGUEL• TEMPORARY BAR FROM NFA MEMBERSHIP 7 YRS04/27/2012
  • TEMPORARY BAR FROM PRINCIPAL STATUS 7 YRS04/27/2012
  • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 7 YRS04/27/2012
  • WITHDRAW FROM NFA ASSOCIATE MEMBERSHIP04/27/2012
 0417738TRADE DOCK CAPITAL LLC• PERMANENT BAR FROM NFA MEMBERSHIP04/27/2012
  • WITHDRAW FROM MEMBERSHIP04/27/2012
  • PERMANENT BAR FROM NFA ASSOCIATE MEMBERSHIP04/27/2012
  • PERMANENT BAR FROM PRINCIPAL STATUS04/27/2012
Narrative Summary
Narrative for 0369464 - DACRUZ, DOMINIQUE MIGUEL
COMPLAINT:

On August 31, 2011, NFA issued a Complaint charging TDC and Da'Cruz with providing NFA with false and misleading information; failing to cooperate promptly and fully with NFA during the course of its examination and investigation of TDC; and using false and misleading promotional material. The Complaint also charged TDC with failing to list Benoit Brookens, III as a principal and de-listing Trade Dock Co. as a principal of TDC.

ANSWER:

On October 28, 2011, TDC and Da'Cruz filed an Answer to the Complaint in which they denied the material allegations contained therein.

DECISION:

On April 27, 2012, pursuant to a settlement offer submitted by TDC and Da'Cruz, TDC was ordered to withdraw from NFA membership within 30 days of the date of the Decision and never again apply for NFA membership, associate membership or principal status with any NFA Member. Da'Cruz was ordered to withdraw from NFA associate membership within 30 days of the date of the Decision and was barred from NFA membership, associate membership or principal status with any NFA Member for seven years from the date of the Decision.

 
Narrative for 0417738 - TRADE DOCK CAPITAL LLC
COMPLAINT:

On August 31, 2011, NFA issued a Complaint charging TDC and Da'Cruz with providing NFA with false and misleading information; failing to cooperate promptly and fully with NFA during the course of its examination and investigation of TDC; and using false and misleading promotional material. The Complaint also charged TDC with failing to list Benoit Brookens, III as a principal and de-listing Trade Dock Co. as a principal of TDC.

ANSWER:

On October 28, 2011, TDC and Da'Cruz filed an Answer to the Complaint in which they denied the material allegations contained therein.

DECISION:

On April 27, 2012, pursuant to a settlement offer submitted by TDC and Da'Cruz, TDC was ordered to withdraw from NFA membership within 30 days of the date of the Decision and never again apply for NFA membership, associate membership or principal status with any NFA Member. Da'Cruz was ordered to withdraw from NFA associate membership within 30 days of the date of the Decision and was barred from NFA membership, associate membership or principal status with any NFA Member for seven years from the date of the Decision.

 
Case Documents Summary
 NFA IDRespondentDocument Type
 0369464DACRUZ, DOMINIQUE MIGUELANSWER
 0369464DACRUZ, DOMINIQUE MIGUELCOMPLAINT
 0369464DACRUZ, DOMINIQUE MIGUELDECISION
 0417738TRADE DOCK CAPITAL LLCANSWER
 0417738TRADE DOCK CAPITAL LLCCOMPLAINT
 0417738TRADE DOCK CAPITAL LLCDECISION
 
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