| ADAM LEON |
NFA 06BCC00022 |
NFA ID: 0287878 |
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| 0301334 | BASS, DONNETTA LETICIA | 02/26/2007 | | 0357348 | CORPORATE COMMODITIES INC | 02/23/2007 | | 0219972 | GOLDBERG, MITCHELL BRAD | 03/19/2007 | | 0287878 | LEON, ADAM | 05/18/2007 | | 0315070 | MATTHEWS, JOHN | 12/26/2006 | | 0314417 | MOTE, SUMMER LEIGH | 02/23/2007 | | 0350004 | PROTRADE FUTURES & OPTIONS | 02/23/2007 |
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| 0301334 | BASS, DONNETTA LETICIA | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0357348 | CORPORATE COMMODITIES INC | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | 0219972 | GOLDBERG, MITCHELL BRAD | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | 0287878 | LEON, ADAM | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | 0315070 | MATTHEWS, JOHN | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | 0314417 | MOTE, SUMMER LEIGH | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | 0350004 | PROTRADE FUTURES & OPTIONS | • C.R.2-9(a) - SUPERVISION OF EMPLOYEES | | | | • C.R.2-29(a)(2) - HIGH PRESSURE COMM. PROHIBITED | | | | • C.R.2-2(a) - CHEAT,FRAUD DECEIVE CUSTOMERS | | | | • C.R.2-29(a)(1) - FRAUDULENT COMM. TO PUBLIC PROHIB. |
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| 0301334 | BASS, DONNETTA LETICIA | • BUSINESS CONDUCT COMMITTEE | | 0357348 | CORPORATE COMMODITIES INC | • BUSINESS CONDUCT COMMITTEE | | 0219972 | GOLDBERG, MITCHELL BRAD | • BUSINESS CONDUCT COMMITTEE | | 0287878 | LEON, ADAM | • BUSINESS CONDUCT COMMITTEE | | 0315070 | MATTHEWS, JOHN | • BUSINESS CONDUCT COMMITTEE | | 0314417 | MOTE, SUMMER LEIGH | • BUSINESS CONDUCT COMMITTEE | | 0350004 | PROTRADE FUTURES & OPTIONS | • BUSINESS CONDUCT COMMITTEE |
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| 0301334 | BASS, DONNETTA LETICIA | • SALES PRACTICE | | 0357348 | CORPORATE COMMODITIES INC | • GENERAL CONDUCT | | | | • SALES PRACTICE | | 0219972 | GOLDBERG, MITCHELL BRAD | • SALES PRACTICE | | 0287878 | LEON, ADAM | • SALES PRACTICE | | 0315070 | MATTHEWS, JOHN | • SALES PRACTICE | | | | • GENERAL CONDUCT | | 0314417 | MOTE, SUMMER LEIGH | • GENERAL CONDUCT | | 0350004 | PROTRADE FUTURES & OPTIONS | • SALES PRACTICE | | | | • GENERAL CONDUCT |
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| 0301334 | BASS, DONNETTA LETICIA | • PERMANENT BAR FROM NFA MEMBERSHIP | 02/09/2007 | | | | • PERMANENT BAR FROM NFA ASSOCIATE MEMBERSHIP | 02/09/2007 | | 0357348 | CORPORATE COMMODITIES INC | • PERMANENT BAR FROM NFA MEMBERSHIP | 02/08/2007 | | 0219972 | GOLDBERG, MITCHELL BRAD | • PERMANENT BAR FROM NFA MEMBERSHIP | 03/12/2007 | | 0287878 | LEON, ADAM | • PERMANENT BAR FROM NFA ASSOCIATE MEMBERSHIP | 05/03/2007 | | | | • PERMANENT BAR FROM NFA MEMBERSHIP | 05/03/2007 | | 0315070 | MATTHEWS, JOHN | • REQUIRED TO TAPE RECORD 2 YRS | 12/08/2006 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 6 YRS | 12/08/2006 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 6 YRS | 12/08/2006 | | 0314417 | MOTE, SUMMER LEIGH | • REQUIRED TO TAPE RECORD 1 YRS | 02/08/2007 | | | | • TEMPORARY BAR FROM PRINCIPAL STATUS 1 YRS | 02/08/2007 | | | | • TEMPORARY BAR FROM NFA ASSOCIATE MEMBERSHIP 1 YRS | 02/08/2007 | | | | • TEMPORARY BAR FROM NFA MEMBERSHIP 1 YRS | 02/08/2007 | | 0350004 | PROTRADE FUTURES & OPTIONS | • PERMANENT BAR FROM NFA MEMBERSHIP | 02/08/2007 |
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| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On February 9, 2007, Bass was permanently barred from NFA membership and associate membership and from being a principal of any NFA Member. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On February 8, 2007, Protrade and CCI were permanently barred from NFA membership and from acting as a principal of an NFA Member. Mote was suspended from NFA membership or NFA associate membership for one year. During the period of suspension, Mote may not act in any capacity requiring registration, nor act as a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, again become an NFA Member or Associate, or become a principal of an NFA Member, she was ordered to pay a $5,000 fine, due and payable thirty days after she is granted NFA membership or associate membership or becomes a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, become a principal of an NFA member, she must cause all APs of that firm - and any other firm of which he is a principal - to tape record, for one year, all conversations that occur between them and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes availabe to NFA. The one-year taping requirement applies to each and every firm of which Mote becomes a principal and begins on the date that she becomes a principal of each firm, respectively. Only periods of time when Mote is a principal of that particular firm and that firm is actively soliciting customers will be counted. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
ANSWER -
On November 9, 2006, Goldberg filed an Answer to the Complaint in which he denied the material allegations contained therein.
DECISION -
On March 12, 2007, Goldberg was permanently barred from NFA membership. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On May 3, 2007, Leon was permanently barred from NFA membership and associate membership and from being a principal of any NFA Member. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On December 8, 2006, Matthews was suspended from NFA membership and associate membership for six years. During the six-year membership bar, Matthews may not act in any capacity requiring registration, nor act as a principal of an NFA Member.
In the event that Matthews again becomes an NFA Member or Associate, he must tape record, for two years, all conversations that occur between himself and existing or potential customers; retain the tapes for two years from the date they are created; and make the tapes available to NFA upon request. The two-year taping requirement will commence on the date that Matthews again becomes an NFA Member or Associate and continue thereafter for two years. Only periods of time when Matthews is registered and actively soliciting customers, on a full-time basis, will be counted. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On February 8, 2007, Protrade and CCI were permanently barred from NFA membership and from acting as a principal of an NFA Member. Mote was suspended from NFA membership or NFA associate membership for one year. During the period of suspension, Mote may not act in any capacity requiring registration, nor act as a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, again become an NFA Member or Associate, or become a principal of an NFA Member, she was ordered to pay a $5,000 fine, due and payable thirty days after she is granted NFA membership or associate membership or becomes a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, become a principal of an NFA member, she must cause all APs of that firm - and any other firm of which he is a principal - to tape record, for one year, all conversations that occur between them and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes availabe to NFA. The one-year taping requirement applies to each and every firm of which Mote becomes a principal and begins on the date that she becomes a principal of each firm, respectively. Only periods of time when Mote is a principal of that particular firm and that firm is actively soliciting customers will be counted. | | | |
| **To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.**
COMPLAINT -
On August 29, 2006, NFA issued a Complaint charging Protrade, CCI, Bass, Leon, Goldberg and Matthews with making deceptive and misleading sales solicitations. The Complaint also charged Protrade, CCI, Leon, Goldberg and Matthews with using a high-pressure approach. Finally, the Complaint charged Protrade, CCI, Mote and Matthews with failing to diligently supervise employees and agents in the conduct of their commodity futures activities.
DECISION -
On February 8, 2007, Protrade and CCI were permanently barred from NFA membership and from acting as a principal of an NFA Member. Mote was suspended from NFA membership or NFA associate membership for one year. During the period of suspension, Mote may not act in any capacity requiring registration, nor act as a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, again become an NFA Member or Associate, or become a principal of an NFA Member, she was ordered to pay a $5,000 fine, due and payable thirty days after she is granted NFA membership or associate membership or becomes a principal of an NFA Member. Should Mote, after expiration of the one-year suspension, become a principal of an NFA member, she must cause all APs of that firm - and any other firm of which he is a principal - to tape record, for one year, all conversations that occur between them and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes availabe to NFA. The one-year taping requirement applies to each and every firm of which Mote becomes a principal and begins on the date that she becomes a principal of each firm, respectively. Only periods of time when Mote is a principal of that particular firm and that firm is actively soliciting customers will be counted. | | |
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| 0301334 | BASS, DONNETTA LETICIA | COMPLAINT | | 0301334 | BASS, DONNETTA LETICIA | DECISION | | 0357348 | CORPORATE COMMODITIES INC | COMPLAINT | | 0357348 | CORPORATE COMMODITIES INC | DECISION | | 0219972 | GOLDBERG, MITCHELL BRAD | ANSWER | | 0219972 | GOLDBERG, MITCHELL BRAD | COMPLAINT | | 0219972 | GOLDBERG, MITCHELL BRAD | DECISION | | 0287878 | LEON, ADAM | COMPLAINT | | 0287878 | LEON, ADAM | DECISION | | 0315070 | MATTHEWS, JOHN | COMPLAINT | | 0315070 | MATTHEWS, JOHN | DECISION | | 0314417 | MOTE, SUMMER LEIGH | COMPLAINT | | 0314417 | MOTE, SUMMER LEIGH | DECISION | | 0350004 | PROTRADE FUTURES & OPTIONS | COMPLAINT | | 0350004 | PROTRADE FUTURES & OPTIONS | DECISION |
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