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January 12, 2018
For more information contact:
Kristen Scaletta, 312-781-7860, kscaletta@nfa.futures.org
Karen Wuertz, 312-781-1335, kwuertz@nfa.futures.org
NFA bars Glendale, Ariz. commodity trading advisor BCD Forex Investments LLC from membership
January 12, Chicago—NFA has permanently barred Glendale, Ariz. commodity trading advisor BCD Forex Investments LLC (BCD) from membership and from acting as a principal of any NFA Member.
The Decision, issued by an NFA Hearing Panel, is based on a Complaint authorized by NFA's Business Conduct Committee on September 20, 2017. The Hearing Panel found that BCD provided false and misleading information to NFA, used misleading and deceptive promotional material, and failed to observe high standards of commercial honor and just and equitable principles of trade in the conduct of its forex business.
The complete text of the Complaint and Decision can be viewed on NFA's website.