| *To view documents, go to Case Documents. For a copy of Documents, contact NFA's Information Center.*
COMPLAINT:
On December 8, 2006, NFA issued a Complaint charging GCG with using deficient promotional material and failing to uphold high standards of commercial honor and just and equitable principles of trade; failing to establish and implement an adequate anti-money laundering program; and failing to notify NFA that GCG was carrying customer accounts.
ANSWER -
On January 30, 2007, GCG filed an Answer to the Complaint in which it denied the material allegations contained therein.
DECISION -
On May 17, 2007 GCG was ordered to pay a $100,000 fine. On motion of NFA, the Hearing Panel dismissed Count III of the Complaint. |