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Case Summary

TRADINGEDGE CAPITAL MANAGEMENT NFA 12BCC00013 NFA ID: 0424519

Respondent/Effective Date Summary
 NFA IDRespondentEffective Date
 0424911KARLIN, TIMOTHY JAMES10/25/2012
 0424519TRADINGEDGE CAPITAL MANAGEMENT10/25/2012
Rule Summary
 NFA IDRespondentRule Type
 0424911KARLIN, TIMOTHY JAMES• C.R.2-36(e) - FOREX DEALER MEMBERS SUPERVISION OF EMPLOYEES
 0424519TRADINGEDGE CAPITAL MANAGEMENT• C.R.2-36(b)(2) - FRAUD AND RELATED MATTERS
  • C.R.2-36(e) - FOREX DEALER MEMBERS SUPERVISION OF EMPLOYEES
  • R.R.208 - CHANGES REQUIRING NEW REGISTRATION
Committee Summary
 NFA IDRespondentCommittee
 0424911KARLIN, TIMOTHY JAMES• BUSINESS CONDUCT COMMITTEE
  • HEARING COMMITTEE
 0424519TRADINGEDGE CAPITAL MANAGEMENT• BUSINESS CONDUCT COMMITTEE
  • HEARING COMMITTEE
Action Summary
 NFA IDRespondentAction Types
 0424911KARLIN, TIMOTHY JAMES• GENERAL CONDUCT
 0424519TRADINGEDGE CAPITAL MANAGEMENT• GENERAL CONDUCT
  • REGISTRATION
Penalty/Event Summary
 NFA IDRespondentPenalty/EventEvent Date
 0424911KARLIN, TIMOTHY JAMES• OTHER--SEE NARRATIVE10/10/2012
 0424519TRADINGEDGE CAPITAL MANAGEMENT• OTHER--SEE NARRATIVE10/10/2012
Narrative Summary
Narrative for 0424911 - KARLIN, TIMOTHY JAMES
**TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS.**

COMPLAINT:

On April 13, 2012, NFA issued a Complaint charging TCM with distributing false trading statments to TCM's lenders and failing to list Michael Karlin as a principal of TCM. The Complaint also charged Timothy Karlin and TCM with failing to diligently supervise TCM's operations.

ANSWER:

On May 30, 2012, TCM and Timothy Karlin filed an Answer to the Complaint in which they denied the material allegations contained therein.

DECISION:

On October 10, 2012, pursuant to a settlement offer submitted by TCM and Timothy Karlin, TCM and Timothy Karlin are prohibited from employing Michael Karlin in any capacity whatsoever either paid or unpaid. In addition, TCM and Karlin were ordered to develop and implement supervisory procedures, including procedures for monitoring trading activity, and for accurately reporting such trading activity to TCM's lenders and/or customers.

 
Narrative for 0424519 - TRADINGEDGE CAPITAL MANAGEMENT
**TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS.**

COMPLAINT:

On April 13, 2012, NFA issued a Complaint charging TCM with distributing false trading statments to TCM's lenders and failing to list Michael Karlin as a principal of TCM. The Complaint also charged Timothy Karlin and TCM with failing to diligently supervise TCM's operations.

ANSWER:

On May 30, 2012, TCM and Timothy Karlin filed an Answer to the Complaint in which they denied the material allegations contained therein.

DECISION:

On October 10, 2012, pursuant to a settlement offer submitted by TCM and Timothy Karlin, TCM and Timothy Karlin are prohibited from employing Michael Karlin in any capacity whatsoever either paid or unpaid. In addition, TCM and Karlin were ordered to develop and implement supervisory procedures, including procedures for monitoring trading activity, and for accurately reporting such trading activity to TCM's lenders and/or customers.

 
Case Documents Summary
 NFA IDRespondentDocument Type
 0424911KARLIN, TIMOTHY JAMESANSWER
 0424911KARLIN, TIMOTHY JAMESCOMPLAINT
 0424911KARLIN, TIMOTHY JAMESDECISION
 0424519TRADINGEDGE CAPITAL MANAGEMENTANSWER
 0424519TRADINGEDGE CAPITAL MANAGEMENTCOMPLAINT
 0424519TRADINGEDGE CAPITAL MANAGEMENTDECISION
 
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