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August 18, 2022
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NFA permanently bars Denver-based commodity pool operator Yas Castellum LLC and its principal Marcus Brisco from membership
August 18, Chicago—NFA has permanently barred Yas Castellum LLC (Yas), a former NFA Member and commodity pool operator located in Denver, Colorado, and Marcus Brisco, its former principal and associated person, from membership and from acting as a principal of an NFA Member.
The default Decision, issued by NFA's Business Conduct Committee (BCC), is based on a Complaint issued by the BCC and Yas and Brisco's failure to file an Answer. The BCC found that Yas failed to operate its commodity pool as a separate legal entity, failed to receive funds in the name of its commodity pool and commingled pool funds with the property of other persons. The BCC also found that Yas and Brisco failed to uphold high standards of commercial honor and just and equitable principles of trade by, among other things, operating the commodity pool in a manner which showed no regard for safeguarding the money they solicited and accepted from the pool participants. In addition, the BCC found that Yas and Brisco failed to cooperate in NFA's examination of Yas.