| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
COMPLAINT:
On August 25, 2009, NFA issued a Complaint charging Strategy Automation with failing to timely file with NFA, and distribute to participants, the 2008 annual report.
ANSWER:
On September 1, 2009, Strategy Automation filed an Answer to the Complaint in which it denied the material allegations contained therein.
DECISION:
On January 7, 2010, Strategy Automation was ordered to file with NFA a notice of exemption from the CFTC's Part 4 requirements; and file required forms to withdarw from NFA membership and from CPO registration with the CFTC. In addition, Strategy Automation was ordered not to reapply for NFA membership or CPO registration with the CFTC for one year. If after expiration of the one-year period, Strategy Automation reapplies for NFA membership and/or CPO registration, it shall pay a $5,000 fine.
However, if Strategy Automation waits for two years to reapply for NFA membership and/or CPO registration, it will be relieved of its obligation to pay the $5,000 fine. |