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For Immediate Release
March 20, 2007
National Futures Association announces correction to press release regarding emergency enforcement action against Forefront Investments Corporation
March 20, Chicago - In a press release issued on Monday, March 19, National Futures Association (NFA) incorrectly stated that it had suspended Forefront Investments Corporation (Forefront) a futures commission merchant (FCM) and Forex Dealer Member, located in Richmond, Virginia, as part of an emergency enforcement action. The release should have indicated that the firm has not been suspended; however, NFA has ordered Forefront to liquidate all customer and firm positions by 3:00 p.m. (EDT) on Wednesday, March 21, 2007.
The complete text of the Member Responsibility Action is available on NFA's Web site (www.nfa.futures.org).
NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the derivatives markets.