| PEREGRINE FINANCIAL GROUP INC |
NFA ID: 0232217 |
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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.
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| 09ARB00136 | 07/31/2009 | 07/14/2011 | |
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| • BRUCE BEHRENS | • BREWER FUTURES GROUP LLC
• PEREGRINE FINANCIAL GROUP INC | • STEVEN JOHN BREWER
• THOMAS BURKE
• NICHOLAS IAVARONE
• JENNIFER MUCHONEY
• PAUL THOMAS
• REBECCA WING |
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| NON-MEMBER | 1 | HEARING | CHICAGO, IL |
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| $36,809.13 | $0.00 | | $0.00 | $0.00 | | $0.00 | $0.00 | | NA | $0.00 | | NA | $0.00 | | NA | $0.00 |
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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 |
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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 |
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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 |
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| | | The following issues were presented to and decided by the undersigned Arbitrators: Claimant alleges that the Respondents were negligent and failed to supervise with respect to the activities of Garland Maxwell's trading of the Claimant's account. Claimant also alleges violations of CFTC Regulations 33.10 (Fraud), 166.2 (Authorization to trade), 166.3 (Failure to Supervise), NFA Compliance Rules 2-4 (Just and Equitable Principles of Trade) and 2-9 (Failure to Supervise), NFA Bylaw 1101 (Prohibition Against Dealing with Non-NFA Members), NFA Articles of Incorporation (Prohibition Against Dealing with Non-NFA Members), Commodity Exchange Act Section 6(m) (Aiding and Abetting), Code of Federal Regulation Section 4.14 (Aiding and Abetting) and Claimant's request for interest, costs, attorney's fees and other expenses incurred as part of the arbitration proceeding. The Panel also considered Respondents' request for attorney's fees, costs and other expenses incurred as part of the arbitration proceeding.
We, the Arbitrators appointed to hear and decide this matter in accordance with the Code of Arbitration of National Futures Association, have unanimously determined the following:
Bruce Behrens' claims against Peregrine Financial Group, Inc. and Brewer Futures Group, LLC are hereby denied in their entirety and dismissed with prejudice. Each party shall bear its own costs and fees as incurred.
All other relief requested is hereby denied. | | | | |
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