|NOTICE OF MEMBER RESPONSIBILITY ACTION:
On August 18, 2011, NFA issued a Member Responsiblity Action ("MRA") against IFINIX Futures, Inc. whereby:
1. IFINIX is hereby suspended from NFA membership effective immediately and until further notice;
2. IFINIX, and any person acting on its behalf, is prohibited from disbursing or transferring any funds over which it or any person acting on its behalf exercises control, without prior approval from NFA; and
3. IFINIX is required to provide copies of this MRA by overnight courier or e-mail to all: a) customers; b) banks and other financial institutions in which money is on deposit in the name of IFINIX; and c) futures commission merchants (“FCMs”) which carry customer accounts introduced to them by IFINIX.
4. All NFA Member FCMs that carry customer accounts which were introduced to them by IFINIX are required to provide those customers with copies of this MRA by overnight courier or e-mail.
This action is effective immediately and deemed necessary to protect customers because IFINIX, through its principal Benhope Munroe (“Munroe”), created fabricated bank statements in a deliberate attempt to deceive NFA regarding IFINIX's capital position and has also failed to demonstrate that it is in capital compliance with NFA Financial Requirements.
The MRA will remain in effect until such time as IFINIX has demonstrated to the satisfaction of NFA that the firm is in complete compliance with all NFA Requirements.