Regulatory Actions

INNOVATIVE CAPITAL MANAGEMENT LLC NFA ID: 0332418

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 08MRA00001 • NFA GENERAL DISCIPLINARY ACTION 02/25/2008 • MRA TERMINATED • SUSPENDED FROM MEMBERSHIP • MEMBER RESPONSIBILITY ACTION CFTC 09-04 • CFTC ADMINISTRATIVE ACTION 12/18/2008 • CEASE AND DESIST ORDER • COMMISSION ORDER • COMPLAINT FILED • FINE $100000 • TRADING PROHIBITION PERM • MAKE RESTITUTION TO CUSTMERS • MAY NOT APPLY TO REGISTER • OTHER (SEE NARRATIVE) • JOINT OWED