| FRANK MILL HOLMES |
NFA 11BCC00028 |
NFA ID: 0080630 |
|
| | |
| 0253054 | CROTZER, BRADLEY WAYNE | 06/13/2012 | | 0089256 | FUTURES TECHNOLOGY LLC | 06/13/2012 | | 0080630 | HOLMES, FRANK MILL | 06/13/2012 |
| | | | |
| | |
| 0253054 | CROTZER, BRADLEY WAYNE | • C.R.2-5 - FAILURE TO COOPERATE W/ NFA | | | | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | 0089256 | FUTURES TECHNOLOGY LLC | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | | | • F.R.SEC5NEW - INTRODUCING BROKER FINANCIAL REQUIREMENTS | | | | • C.R.2-2(f) - FALSE INFORMATION TO NFA/AGENTS | | | | • F.R.SEC8NEW - ADDITIONAL INFORMATION REQUESTS | | | | • C.R.2-5 - FAILURE TO COOPERATE W/ NFA | | 0080630 | HOLMES, FRANK MILL | • C.R.2-5 - FAILURE TO COOPERATE W/ NFA | | | | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES |
| | | | |
| | |
| 0253054 | CROTZER, BRADLEY WAYNE | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0089256 | FUTURES TECHNOLOGY LLC | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE | | 0080630 | HOLMES, FRANK MILL | • BUSINESS CONDUCT COMMITTEE | | | | • HEARING COMMITTEE |
| | | | |
| | |
| 0253054 | CROTZER, BRADLEY WAYNE | • GENERAL CONDUCT | | 0089256 | FUTURES TECHNOLOGY LLC | • FINANCIAL | | | | • GENERAL CONDUCT | | 0080630 | HOLMES, FRANK MILL | • GENERAL CONDUCT |
| | | | |
| | |
| 0253054 | CROTZER, BRADLEY WAYNE | • TEMPORARY BAR FROM PRINCIPAL STATUS 5 YRS | 05/29/2012 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 2 YRS | 05/29/2012 | | | | • FINE (CONTINGENT) $10000 | 05/29/2012 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 2 YRS | 05/29/2012 | | 0089256 | FUTURES TECHNOLOGY LLC | • PERMANENT BAR FROM PRINCIPAL STATUS | 05/29/2012 | | | | • PERMANENT BAR FROM NFA MEMBERSHIP | 05/29/2012 | | 0080630 | HOLMES, FRANK MILL | • FINE (CONTINGENT) $10000 | 05/29/2012 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 2 YRS | 05/29/2012 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 2 YRS | 05/29/2012 | | | | • TEMPORARY BAR FROM PRINCIPAL STATUS 5 YRS | 05/29/2012 |
| | | | |
| | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT:
On October 18,2 011, NFA issued a Complaint charging Futures Tech with failing to maintain minimum net capital, file timely financial statements and submit additional information to NFA; and submitting false or misleading information to NFA. The Complaint also charged Futures Tech, Holmes and Crotzer with failing to cooperate with NFA and failing to supervise.
ANSWER:
On November 15, 2011, Futures Tech, Holmes and Crotzer filed an Answer to the Complaint in which they denied the material allegations contained therein.
DECISION:
On May 29, 2012, pursuant to a settlement offer submitted by Futures Tech, Holmes and Crotzer, Futures Tech was ordered never to reapply for NFA membership or act as a principal of an NFA Member, effective immediately. Holmes and Crotzer were ordered not to apply to be a principal of any NFA Member or act in a capacity requiring them to be disclosed as a principal of any NFA Member for five years. If, after five years, Holmes and/or Crotzer apply for principal status with any NFA Member, they were ordered to each pay a $10,000 fine, due and payable in full on or before the date of any such application. No consideration will be given to or action taken on any future application for principal status with any NFA Member until the fine has been paid in full. Holmes and Crotzer were also ordered not to apply for NFA membership or associate membership for two years. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT:
On October 18,2 011, NFA issued a Complaint charging Futures Tech with failing to maintain minimum net capital, file timely financial statements and submit additional information to NFA; and submitting false or misleading information to NFA. The Complaint also charged Futures Tech, Holmes and Crotzer with failing to cooperate with NFA and failing to supervise.
ANSWER:
On November 15, 2011, Futures Tech, Holmes and Crotzer filed an Answer to the Complaint in which they denied the material allegations contained therein.
DECISION:
On May 29, 2012, pursuant to a settlement offer submitted by Futures Tech, Holmes and Crotzer, Futures Tech was ordered never to reapply for NFA membership or act as a principal of an NFA Member, effective immediately. Holmes and Crotzer were ordered not to apply to be a principal of any NFA Member or act in a capacity requiring them to be disclosed as a principal of any NFA Member for five years. If, after five years, Holmes and/or Crotzer apply for principal status with any NFA Member, they were ordered to each pay a $10,000 fine, due and payable in full on or before the date of any such application. No consideration will be given to or action taken on any future application for principal status with any NFA Member until the fine has been paid in full. Holmes and Crotzer were also ordered not to apply for NFA membership or associate membership for two years. | | | |
| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT:
On October 18,2 011, NFA issued a Complaint charging Futures Tech with failing to maintain minimum net capital, file timely financial statements and submit additional information to NFA; and submitting false or misleading information to NFA. The Complaint also charged Futures Tech, Holmes and Crotzer with failing to cooperate with NFA and failing to supervise.
ANSWER:
On November 15, 2011, Futures Tech, Holmes and Crotzer filed an Answer to the Complaint in which they denied the material allegations contained therein.
DECISION:
On May 29, 2012, pursuant to a settlement offer submitted by Futures Tech, Holmes and Crotzer, Futures Tech was ordered never to reapply for NFA membership or act as a principal of an NFA Member, effective immediately. Holmes and Crotzer were ordered not to apply to be a principal of any NFA Member or act in a capacity requiring them to be disclosed as a principal of any NFA Member for five years. If, after five years, Holmes and/or Crotzer apply for principal status with any NFA Member, they were ordered to each pay a $10,000 fine, due and payable in full on or before the date of any such application. No consideration will be given to or action taken on any future application for principal status with any NFA Member until the fine has been paid in full. Holmes and Crotzer were also ordered not to apply for NFA membership or associate membership for two years. | | |
| | | | |
|
|