Regulatory Actions

PROGRESSIVE INVESTMENT FUNDS NFA ID: 0374772

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 08MRA00003 • NFA GENERAL DISCIPLINARY ACTION 06/06/2008 • MEMBER RESPONSIBILITY ACTION NFA 08BCC00019 • GENERAL CONDUCT 02/23/2009 • PERMANENT BAR FROM NFA MEMBERSHIP • PERMANENT WITHDRAWAL FROM NFA MEMBERSHIP • PERMANENT BAR FROM PRINCIPAL STATUS CFTC SD 12-09 • CFTC ADMINISTRATIVE ACTION 02/07/2013 • OTHER (SEE NARRATIVE) • REGISTRATION REVOKED • DEFAULT ORDER • ALJ DECISION CFTC 2:11-CV-03445 • CFTC INJUNCTIVE ACTION 05/29/2012 • FINE DELINQUENT • FINE $474000 • JOINT OWED • OTHER (SEE NARRATIVE) • TRADING PROHIBITION • PERMANENT INJUNCTION • STOP SOLICITING • MAY NOT OPERATE AS PRINCIPAL • MAY NOT APPLY TO REGISTER • MAKE RESTITUTION TO CUSTMERS