Regulatory Actions

FIRST AMERICAN DISCOUNT CORPORATION NFA ID: 0090353

This page includes information regarding the Case History of these matters concerning the person or firm you are researching. It may also include the Outcome if the cases have been resolved regarding this person or firm. Just like in all legal proceedings, when regulatory actions are resolved, it is almost always by settlement, not adjudication. A settlement may result in the imposition of a penalty without a determination of the merits of the charges or formal findings of wrongdoing. If the particular matter you are interested in has been resolved, please refer to the Narrative, and for certain NFA cases, the decision as provided in the Case Documents summary, to see whether it was adjudicated or settled.

Contributor Case # Action Type Effective Date Case Outcome NFA 95BCC00004 • FINANCIAL • FINANCIAL POSITION AND REPORTING • SALES PRACTICE • OFFICE RECORDKEEPING • REGISTRATION • GENERAL CONDUCT 10/12/1995 • FINE $10000 CBOT 97-RFT-197 • FLOOR RECORDKEEPING 03/02/1998 • FINE $750 CBOT 96-RRR-390 • FLOOR RECORDKEEPING 06/26/1997 • FINE $500 CBOT 96-RRR-290 • FLOOR RECORDKEEPING 04/25/1997 • FINE $250 CBOT 95-LTA-403 • OFFICE RECORDKEEPING 11/12/1996 • FINE $3000