Case Summary

MONETARIAL LLC NFA 17REG00001 NFA ID: 0434595

 Respondent/Effective Date Summary 
 NFA IDRespondentEffective Date
 0439900LOGA NEGRU, CRISTIAN MARIUS04/24/2017
 0434595MONETARIAL LLC04/24/2017
 Rule Summary 
 NFA IDRespondentRule Type
 0439900LOGA NEGRU, CRISTIAN MARIUS• CEA 8a(3)(D) - PLED GUILTY TO OR CONVICTED OF FELONY NOT IN SEC. 8A(2)(D) OF CEA
 0434595MONETARIAL LLC• CEA 8a(3)(N) - PRIN. OF PERSON HAS/COULD BE REFUSED REGISTRATION
 Committee Summary 
 NFA IDRespondentCommittee
 0439900LOGA NEGRU, CRISTIAN MARIUS• MEMBERSHIP COMMITTEE
 0434595MONETARIAL LLC• MEMBERSHIP COMMITTEE
 Action Summary 
 NFA IDRespondentAction Types
 0439900LOGA NEGRU, CRISTIAN MARIUS• NFA REGISTRATION ACTION
 0434595MONETARIAL LLC• NFA REGISTRATION ACTION
 Penalty/Event Summary 
 NFA IDRespondentPenalty/EventEvent Date
 0439900LOGA NEGRU, CRISTIAN MARIUS• REGISTRATION REVOKED03/24/2017
 0434595MONETARIAL LLC• REGISTRATION REVOKED03/24/2017
 Narrative Summary 
Narrative for 0439900 - LOGA NEGRU, CRISTIAN MARIUS
TO VIEW THE DOCUMENTS LISTED BELOW, GO TO CASE DOCUMENTS. TO OBTAIN A COPY, CONTACT NFA'S INFORMATION CENTER.

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NOTICE OF INTENT TO REVOKE REGISTRATIONS:

On February 9, 2017, NFA's President issued a Notice of Intent to revoke the AP registration of Cristian Loga-Negru (Loga-Negru) and the CTA registration of Monetarial LLC, the firm at which Loga-Negru is the sole principal. The Notice of Intent alleges that Loga-Negru is disqualified from registration based on his July 2016 conviction of the felony offense of first degree intentional homicide. In October 2016, Loga-Negru was sentenced to life in prison. The Notice of Intent also alleges that because Loga-Negru is a principal of Monetarial LLC and is disqualified from registration, the firm is disqualified for having Loga-Negru as an unfit principal.

FINAL ORDER REVOKING REGISTRATIONS:

On March 24, 2017, a Subcommittee of NFA's Membership Committee issued a Final Order revoking Loga-Negru's AP registration and Monetarial LLC's CTA registration. In so doing, the Subcommittee found that because the Respondents failed to respond to the Notice of Intent, there was no evidence in the record to rebut the presumption of unfitness arising from their statutory disqualifications.

 
Narrative for 0434595 - MONETARIAL LLC
TO VIEW THE DOCUMENTS LISTED BELOW, GO TO CASE DOCUMENTS. TO OBTAIN A COPY, CONTACT NFA'S INFORMATION CENTER.

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NOTICE OF INTENT TO REVOKE REGISTRATIONS:

On February 9, 2017, NFA's President issued a Notice of Intent to revoke the AP registration of Cristian Loga-Negru (Loga-Negru) and the CTA registration of Monetarial LLC, the firm at which Loga-Negru is the sole principal. The Notice of Intent alleges that Loga-Negru is disqualified from registration based on his July 2016 conviction of the felony offense of first degree intentional homicide. In October 2016, Loga-Negru was sentenced to life in prison. The Notice of Intent also alleges that because Loga-Negru is a principal of Monetarial LLC and is disqualified from registration, the firm is disqualified for having Loga-Negru as an unfit principal.

 
 Case Documents Summary 
 NFA IDRespondentDocument Type
 0439900LOGA NEGRU, CRISTIAN MARIUSFINAL ORDER
 0439900LOGA NEGRU, CRISTIAN MARIUSNOTICE OF INTENT
 0434595MONETARIAL LLCFINAL ORDER
 0434595MONETARIAL LLCNOTICE OF INTENT