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February 5, 2019
For more information contact:
Kristen Scaletta, 312-781-7860, kscaletta@nfa.futures.org
Karen Wuertz, 312-781-1335, kwuertz@nfa.futures.org
NFA permanently bars former Frankfort, Ill., commodity pool operator and commodity trading advisor Synergistic Group LLC from membership and bars its former principal Geoffrey Thompson from membership for seven years
February 5, Chicago—NFA has permanently barred former Frankfort, Ill., commodity pool operator and commodity trading advisor Synergistic Group LLC (Synergistic) from membership and from acting as a principal of an NFA Member. NFA also barred its former principal and sole associated person Geoffrey Thompson from membership or from acting as a principal of an NFA Member for seven years.
The Decision, issued by an NFA Hearing Panel, is based on a Complaint issued by NFA's Business Conduct Committee and a settlement offer submitted by Synergistic and Thompson. The Complaint alleged that Synergistic and Thompson failed to cooperate promptly and fully with NFA during its attempted examination of Synergistic.
The complete text of the Complaint and Decision can be viewed on NFA's website.