December 18, 2013 BY Gerald Segal

NFA takes action against Novo Trading LLC and Thomas Henry O'Connell Jr.

Promoting inaccurate rates of return, grossly overstated assets under management, lying to the NFA… The National Futures Asscoiation has taken an emergency enforcement action against Illinois firm Novo Trading LLC, which is a registered NFA member and commodity trading advisor (CTA) and Thomas Henry O’Connell Jr., a principal and associated person of Novo. The action…

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