News Releases2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | Show fewer years
October 21, 2013
NFA orders AlphaMetrix LLC to satisfy its obligations to certain pool participants by November 1
October 21, Chicago - National Futures Association (NFA) today ordered AlphaMetrix LLC (AlphaMetrix) to satisfy its obligations to certain pool participants by November 1. The firm had deducted advisory fees for certain participants in commodity pools operated by the firm. Those fees were to be reinvested in the pools but were not. The total amount owed to participants is approximately $600,000. AlphaMetrix has approximately $700 million under management. According to NFA's action, if AlphaMetrix fails to satisfy its obligations by November 1, the firm would be prohibited from placing trades for any of its pools except for trades liquidating open positions. Further, any disbursement of pool funds could only be made with NFA's approval.