Case Summary

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Becker was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for six months. During the six-month membership bar, Becker may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the six-month membership bar, Becker is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he was ordered to pay a $5,000 fine. In the event that Becker again becomes an NFA Member or Associate, he was ordered to tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that he again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that he becomes a principal of an NFA Member, Becker was ordered to cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and will commence on the date he becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when he is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2009.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 24, 2007, Breig was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for six months. During the six-month membership bar, Brieg may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the six-month membership bar, Breig is granted NFA membership or associate membership, or becomes a principal of an NFA Member, she was ordered to pay a $5,000 fine. In the event that Breig again becomes an NFA Member or Associate, she was ordered to tape record, for six months, all conversations between herself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that she again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when she is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that she becomes a principal of an NFA Member, Breig was ordered to cause all APs of that firm - and any other firm of which she is a principal -to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which she becomes a principal and will commence on the date she becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when she is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, CIG was permanently barred from NFA membership and from acting as a principal of an NFA Member.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Kuhney was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for one year. During the one-year membership bar, Kuhney may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the one-year membership bar, Kuhney is granted NFA membership or associate membership, or becomes a principal of an NFA Member, she was ordered to pay a $10,000 fine. In the event that Kuhney again becomes an NFA Member or Associate, she was ordered to tape record, for six months, all conversations between herself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that she again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when she is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that she becomes a principal of an NFA Member, Kuhney was ordered to cause all APs of that firm - and any other firm of which she is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which she becomes a principal and will commence on the date she becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when she is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Monk was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for six months. During the six-month membership bar, Monk may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the six-month membership bar, Monk is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he was ordered to pay a $5,000 fine. In the event that Monk again becomes an NFA Member or Associate, he was ordered to tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that he again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that he becomes a principal of an NFA Member, Monk was ordered to cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and will commence on the date he becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when he is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Nagel was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for one year. During the one-year membership bar, Nagel may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the one-year membership bar, Nagel is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he was ordered to pay a $10,000 fine. In the event that Nagel again becomes an NFA Member or Associate, he was ordered to tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that he again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that he becomes a principal of an NFA Member, Nagel was ordered to cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and will commence on the date he becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when he is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Paradis was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for one year. During the one-year membership bar, Monk may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the one-year membership bar, Paradis is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he was ordered to pay a $10,000 fine. In the event that Paradis again becomes an NFA Member or Associate, he was ordered to tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that he again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that he becomes a principal of an NFA Member, Paradis was ordered to cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and will commence on the date he becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when he is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.

COMPLAINT -

On July 21, 2005, NFA issued a Complaint charging CIG, Paradis, Becker, Nagel, Monk and Wright with making deceptive and misleading sales solicitations. In addition, the Complaint charged CIG, Paradis, Nagel, Monk and Wright with using a high-pressure sales approach. The Complaint also charged CIG, Paradis, Kuhney and Breig with failing to diligently supervise employees and agents in the conduct of their commodity futures activities. Finally, the Complaint charged CIG with willingly submitting false or misleading information to NFA or its agents, and allowing an unregistered individual to solicit new accounts.

ANSWER -

On October 13, 2005, CIG, Becker, Paradis, Nagel, Monk, Wright, Kuhney and Breig filed an Answer to the Compalint in which they denied the material allegations contained therein.

DECISION -

On January 23, 2007, Wright was ordered to immediately withdraw from NFA associate membership and not reapply for NFA membership or associate membership or act as a principal of an NFA Member for six months. During the six-month membership bar, Wright may not act in any capacity requiring registration, nor act as a principal of an NFA Member. If after expiration of the six-month membership bar, Wright is granted NFA membership or associate membership, or becomes a principal of an NFA Member, he was ordered to pay a $5,000 fine. In the event that Wright again becomes an NFA Member or Associate, he was ordered to tape record, for six months, all conversations between himself and existing or potential customers; retain the tapes for one year from the date they are created; and make the tapes available to NFA. The six-month taping requirement will commence on the date that he again becomes an NFA Member or Associate and continue thereafter for six months. In calculating the six-month taping period, only periods of time when he is registered and actively soliciting customers, on a full-time basis, will be counted. Finally, in the event that he becomes a principal of an NFA Member, Wright was ordered to cause all APs of that firm - and any other firm of which he is a principal - to tape record, for six months, 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 available to NFA. The six-month taping requirement applies to each and every firm of which he becomes a principal and will commence on the date he becomes a principal of each firm, respectively. In calculating the six-month taping period as to each firm, only periods of time when he is a principal of that particular firm and that firm is actively soliciting customers will be counted. In any and all events, the taping requirements shall expire on December 31, 2010.