January 14, 2014 BY Gerald Segal
CFTC fines Introducing Broker $50,000 for failed record keeping
New World Holdings destroyed business records and failed to diligently supervise employees Chicago based introducing broker New World Holdings (NWH) has been imposed a fine by the US Commodity Futures trading commission as it failed to keep proper records of its customers and neglected employee supervision. The monetary penalty amounts to $50,000 while the court…
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