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March 19, 2007
For more information contact:
Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org
Karen Wuertz (312) 781-1335, kwuertz@nfa.futures.org
National Futures Association orders Stillwater Capital Partners LLC to pay $20,000
March 19, Chicago - National Futures Association (NFA) ordered Stillwater Capital Partners LLC (Stillwater), a Commodity Pool Operator located in New York City, to pay a fine of $20,000. The Decision, issued by an NFA Hearing Panel, is based on a Complaint filed in August 2006 and a settlement offer submitted by Stillwater.
The Hearing Panel found that Stillwater failed to timely file with NFA the annual financial reports for two of its commodity pools, Stillwater Market Neutral Fund II LP and Stillwater Market Neutral Fund LP.
NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the derivatives markets.