News Releases2023 | 2022 | 2021 | 2020 | 2019 | Show more years
October 24, 2008
NFA permanently bars Pompano Beach, Florida firm, The Miller Group and its principal
October 24, Chicago - National Futures Association (NFA) has permanently barred from NFA membership The Miller Group LLC (The Miller Group) and its principal, Francis P. Miller. The Decision, issued by NFA's Business Conduct Committee, is based on a Complaint filed in August 2008 which The Miller Group and Miller failed to answer.
The Committee found that The Miller Group and Miller failed to cooperate with NFA during an NFA audit. Additionally, the Committee found that The Miller Group and Miller misappropriated funds that belonged to the participants of a pool operated by The Miller Group. The Miller Group and Miller may appeal the Decision to the Appeals Committee of NFA.
NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the futures markets.