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Christie von Ohlen, 312-781-1497, cvonohlen@nfa.futures.org
Karen Wuertz, 312-781-1335, kwuertz@nfa.futures.org

NFA orders Princeton, N.J. commodity pool operator 50.ai Investments LLC not to reapply for NFA membership

April 11, Chicago—NFA has ordered 50.ai Investments LLC (50.ai Investments), a former NFA Member commodity pool operator and forex firm located in Princeton, N.J., not to reapply for membership or act as a principal of an NFA Member at any time in the future.

The Decision, issued by NFA's Business Conduct Committee (BCC), is based on a Complaint issued by the BCC and a settlement offer submitted by 50.ai Investments. In its Complaint, the BCC alleged that 50.ai Investments used misleading promotional material and communications and failed to uphold high standards of commercial honor and just and equitable principles of trade in connection with a commodity pool that the firm operated. The Complaint also alleged that 50.ai Investments failed to supervise the firm's operations and its employee.

The complete text of the Complaint and Decision can be viewed on NFA's website.