| CDH GLOBAL HOLDINGS LLC |
NFA 10MRA00004 |
NFA ID: 0402884 |
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| 0390384 | CDH FOREX INVESTMENTS LLC | 07/19/2010 | | 0402884 | CDH GLOBAL HOLDINGS LLC | 07/19/2010 | | 0397342 | HARRIS, LINDA FAYE | 07/19/2010 |
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| | | No rules have been selected for this case. |
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| 0390384 | CDH FOREX INVESTMENTS LLC | HEARING COMMITTEE | | | | EXECUTIVE COMMITTEE | | 0402884 | CDH GLOBAL HOLDINGS LLC | EXECUTIVE COMMITTEE | | | | HEARING COMMITTEE | | 0397342 | HARRIS, LINDA FAYE | HEARING COMMITTEE | | | | EXECUTIVE COMMITTEE |
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| 0390384 | CDH FOREX INVESTMENTS LLC | NFA GENERAL DISCIPLINARY ACTION | | 0402884 | CDH GLOBAL HOLDINGS LLC | NFA GENERAL DISCIPLINARY ACTION | | 0397342 | HARRIS, LINDA FAYE | NFA GENERAL DISCIPLINARY ACTION |
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| 0390384 | CDH FOREX INVESTMENTS LLC | MEMBER RESPONSIBILITY ACTION | 07/19/2010 | | 0402884 | CDH GLOBAL HOLDINGS LLC | MEMBER RESPONSIBILITY ACTION | 07/19/2010 | | 0397342 | HARRIS, LINDA FAYE | MEMBER RESPONSIBILITY ACTION | 07/19/2010 |
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
NOTICE OF MEMBER RESPONSIBILITY ACTION AND ASSOCIATE RESPONSIBILITY ACTION:
On July 19, 2010, NFA issued a Member Responsibility Action ("MRA") against CDH Global Holdings, LLC ("CDH Global") and CDH Forex Investments, LLC ("CDH Forex") and an Associate Responsibility Action ("ARA") against Linda Faye Harris ("Harris") whereby:
1. Harris, CDH Global and CDH Forex are prohibited from soliciting or accepting any funds from customers or investors, soliciting investments for any commodity pools or other investment vehicles, or placing any trades on behalf of customers, commodity pools, or investors except liquidation or risk reducing trades;
2. Harris, CDH Global and CDH Forex are prohibited from disbursing or transferring any funds of customers, investors, or commodity pools over which they exercise control, or participants in any such commodity pools, without prior approval from NFA; and
3. Harris is required to provide copies of this MRA/ARA via overnight courier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity over which Harris exercises control.
This action is effective immediately and is deemed necessary to protect customers of Harris, CDH Global and CDH Forex based on the following facts and circumstances: Harris, CDH Global and CDH Forex have provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of highly dramatic profit claims made in CDH Global's and CDH Forex's disclosure documents, which appear to be wholly fictitious; they have also provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of Harris' claim that CDH Global and CDH Forex had at one time over $18 million under management, which claim appears to be false, as NFA's investigation has shown that they have never had more than approximately $300,000 under management; and Harris and CDH Forex recently filed a new disclosure document for CDH Forex which contained the same false and misleading performance claims described above.
The MRA and ARA will remain in effect until such time as CDH Global, CDH Forex and Harris have demonstrated to the satisfaction of NFA that they are in complete compliance with all NFA Requirements.
DECISION:
On August 18, 2010, a designated Panel of NFA's Hearing Committee issued a Decision after a hearing was held, affirming the MRA. In addition, Harris is required to provide copies of the Decision via overnight carrier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity which Harris exercises control.
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
NOTICE OF MEMBER RESPONSIBILITY ACTION AND ASSOCIATE RESPONSIBILITY ACTION:
On July 19, 2010, NFA issued a Member Responsibility Action ("MRA") against CDH Global Holdings, LLC ("CDH Global") and CDH Forex Investments, LLC ("CDH Forex") and an Associate Responsibility Action ("ARA") against Linda Faye Harris ("Harris") whereby:
1. Harris, CDH Global and CDH Forex are prohibited from soliciting or accepting any funds from customers or investors, soliciting investments for any commodity pools or other investment vehicles, or placing any trades on behalf of customers, commodity pools, or investors except liquidation or risk reducing trades;
2. Harris, CDH Global and CDH Forex are prohibited from disbursing or transferring any funds of customers, investors, or commodity pools over which they exercise control, or participants in any such commodity pools, without prior approval from NFA; and
3. Harris is required to provide copies of this MRA/ARA via overnight courier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity over which Harris exercises control.
This action is effective immediately and is deemed necessary to protect customers of Harris, CDH Global and CDH Forex based on the following facts and circumstances: Harris, CDH Global and CDH Forex have provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of highly dramatic profit claims made in CDH Global's and CDH Forex's disclosure documents, which appear to be wholly fictitious; they have also provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of Harris' claim that CDH Global and CDH Forex had at one time over $18 million under management, which claim appears to be false, as NFA's investigation has shown that they have never had more than approximately $300,000 under management; and Harris and CDH Forex recently filed a new disclosure document for CDH Forex which contained the same false and misleading performance claims described above.
The MRA and ARA will remain in effect until such time as CDH Global, CDH Forex and Harris have demonstrated to the satisfaction of NFA that they are in complete compliance with all NFA Requirements.
DECISION:
On August 18, 2010, a designated Panel of NFA's Hearing Committee issued a Decision after a hearing was held, affirming the MRA. In addition, Harris is required to provide copies of the Decision via overnight carrier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity which Harris exercises control.
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| **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS. FOR A COPY OF DOCUMENTS, CONTACT NFA'S INFORMATION CENTER.**
NOTICE OF MEMBER RESPONSIBILITY ACTION AND ASSOCIATE RESPONSIBILITY ACTION:
On July 19, 2010, NFA issued a Member Responsibility Action ("MRA") against CDH Global Holdings, LLC ("CDH Global") and CDH Forex Investments, LLC ("CDH Forex") and an Associate Responsibility Action ("ARA") against Linda Faye Harris ("Harris") whereby:
1. Harris, CDH Global and CDH Forex are prohibited from soliciting or accepting any funds from customers or investors, soliciting investments for any commodity pools or other investment vehicles, or placing any trades on behalf of customers, commodity pools, or investors except liquidation or risk reducing trades;
2. Harris, CDH Global and CDH Forex are prohibited from disbursing or transferring any funds of customers, investors, or commodity pools over which they exercise control, or participants in any such commodity pools, without prior approval from NFA; and
3. Harris is required to provide copies of this MRA/ARA via overnight courier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity over which Harris exercises control.
This action is effective immediately and is deemed necessary to protect customers of Harris, CDH Global and CDH Forex based on the following facts and circumstances: Harris, CDH Global and CDH Forex have provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of highly dramatic profit claims made in CDH Global's and CDH Forex's disclosure documents, which appear to be wholly fictitious; they have also provided false and misleading information to NFA, and failed to cooperate with NFA, in its investigation of Harris' claim that CDH Global and CDH Forex had at one time over $18 million under management, which claim appears to be false, as NFA's investigation has shown that they have never had more than approximately $300,000 under management; and Harris and CDH Forex recently filed a new disclosure document for CDH Forex which contained the same false and misleading performance claims described above.
The MRA and ARA will remain in effect until such time as CDH Global, CDH Forex and Harris have demonstrated to the satisfaction of NFA that they are in complete compliance with all NFA Requirements.
DECISION:
On August 18, 2010, a designated Panel of NFA's Hearing Committee issued a Decision after a hearing was held, affirming the MRA. In addition, Harris is required to provide copies of the Decision via overnight carrier to all: a) customers of Harris, CDH Global, CDH Forex and any other entities over which Harris exercises control; and b) banks and other financial institutions in which money is on deposit in the name of Harris, CDH Global and CDH Forex or any other entity which Harris exercises control.
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