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Regulatory Actions

RANDY JAY BURSTEIN NFA ID: 0204981

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.

ContributorCase #Action TypeEffective DateCase Outcome
NFA 97BCC00001 • SALES PRACTICE
• GENERAL CONDUCT
05/20/1999 • FINE $7500
• REQUIRED TO TAPE RECORD
• MAY NOT SUPERVISE
NFA 07BCC00047 • SALES PRACTICE
11/28/2008 • TEMPORARY BAR FROM NFA MEMBERSHIP 2 YRS
• FINE $20000
• TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 2 YRS
• TEMPORARY BAR FROM PRINCIPAL STATUS 2 YRS
• REQUIRED TO TAPE RECORD 6 MTHS
CFTC 04-61235 • CFTC INJUNCTIVE ACTION
07/15/2009 • FINE DELINQUENT
• PERMANENT INJUNCTION
• OTHER (SEE NARRATIVE)
• STOP SOLICITING
• JOINT OWED
• TRADING PROHIBITION
• FINE $120000
• MAKE RESTITUTION TO CUSTMERS
 
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