| VISION FINANCIAL MARKETS LLC |
NFA ID: 0208888 |
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An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action.
NFA only discloses information concerning arbitration cases that have been decided by an arbitration panel.
NFA does not release the names of parties who have settled their parts in the cases. Furthermore, NFA does not
report or release information on cases that closed before January 1, 1990, cases that are still pending, or
cases that were settled, withdrawn or rejected. Therefore, the number of NFA Arbitration Decisions reflects
the total number of claims filed in NFA Arbitration that were decided by an arbitration panel. These decisions
may have been decided in favor of the Claimant or Respondent.
Effective January 1, 2000, NFA discloses the names of persons who represent parties in NFA customer arbitration
proceedings if the matters were decided by an arbitration panel. As of the same date, customers may no longer ask
NFA to keep their identities confidential.
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| 97ARB00127 | 07/24/1997 | 05/04/1999 | Futures (Domestic Exchange)
Options (Domestic Exchange) |
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| • MAGDY E. BADR | • COLIN HAYES SULLIVAN
• SULLIVAN COLIN HAYES
• VISION FINANCIAL MARKETS LLC | • DANIEL SULLIVAN
• WILLIAM TORNGREN |
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| NON-MEMBER | 3 | HEARING | SACRAMENTO, CA |
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| $52,789.94 | $20,570.12 | | $124,459.76 | $0.00 | | $0.00 | $0.00 | | NA | $0.00 | | NA | $8,228.01 | | NA | $3,000.00 |
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| $0.00 | $0.00 | | $0.00 | $0.00 | | $0.00 | $0.00 | | NA | $0.00 | | NA | $0.00 | | NA | $0.00 |
| |
| $0.00 | $0.00 | | $0.00 | $0.00 | | $0.00 | $0.00 | | NA | $0.00 | | NA | $0.00 | | NA | $0.00 |
| |
| $0.00 | $0.00 | | $0.00 | $0.00 | | $0.00 | $0.00 | | NA | $0.00 | | NA | $0.00 | | NA | $0.00 |
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| | | VIOLATION OF THE CALIFORNIA UNFAIR COMPETITION ACT, CALIFORNIA BUSINESS & PROFESSIONS CODE, SECTION 17200; STATUTE OF LIMITATIONS; SULLIVAN DID NOT ENGAGE IN UNFAIR BUSINESS PRACTICES; UNCLEAN HANDS; OFFSET; AND SECTION 17200 OF THE BUSINESS AND PROFESSIONS CODE IS NOT A VIABLE CAUSE OF ACTION.
RESPONDENT COLIN SULLIVAN SHALL PAY TO CUSTOMER CLAIMANT $31,798.13. INTEREST SHALL BE CALCULATED ON THE COMPENSATORY DAMAGE AMOUNT ONLY AT THE CURRENT LEGAL RATE PER ANNUM FROM JULY 6, 1995 UNTIL PAID. THE AWARD OF OTHER COSTS REPRESENTS THE NFA FILING AND HEARING FEES OF $3,000 THAT THE CLAIMANT PAID IN COMMENCING THIS ARBITRATION. | | | | |
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