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Case Summary

UNITED GLOBAL MARKETS LLC NFA 07BCC00026 NFA ID: 0338040

Respondent/Effective Date Summary
 NFA IDRespondentEffective Date
 0338040UNITED GLOBAL MARKETS LLC08/23/2007
Rule Summary
 NFA IDRespondentRule Type
 0338040UNITED GLOBAL MARKETS LLC• F.R.SEC11(a)NEW - FDM MAINTAIN ADJUSTED NET CAPITAL
Committee Summary
 NFA IDRespondentCommittee
 0338040UNITED GLOBAL MARKETS LLC• BUSINESS CONDUCT COMMITTEE
Action Summary
 NFA IDRespondentAction Types
 0338040UNITED GLOBAL MARKETS LLC• FINANCIAL
Penalty/Event Summary
 NFA IDRespondentPenalty/EventEvent Date
 0338040UNITED GLOBAL MARKETS LLC• FINE $4000008/08/2007
  • PERMANENT WITHDRAWAL FROM NFA MEMBERSHIP08/08/2007
Narrative Summary
Narrative for 0338040 - UNITED GLOBAL MARKETS LLC
**TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**

COMPLAINT:

On August 8, 2007, NFA issued a Complaint charging UGM with failing to maintain required adjusted net capital.

DECISION:

On August 8, 2007, UGM was ordered to withdraw from NFA membership and to not reapply for NFA membership or act as a principal of an NFA Member. UGM was also ordered to pay a $40,000 fine.

 
Case Documents Summary
 NFA IDRespondentDocument Type
 0338040UNITED GLOBAL MARKETS LLCCOMPLAINT
 0338040UNITED GLOBAL MARKETS LLCDECISION
 
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