National Futures Association

Year 1982Regulated by Government

National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

Disclose broker

Sanction Fine

FOREX.com

Disclosure summary

Disclosure matching Supervision number matching
Disclosure time 2019-08-07
Penalty amount $ 50,000.00 USD
Reason for punishment 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 Gain.

Disclosure details

NFA orders Bedminster, N.J. futures commission merchant and forex dealer member Gain Capital Group LLC to pay a $50,000 fine

For Immediate Release August 07, 2019 For more information contact: Kristen Scaletta, 312-781-7860, kscaletta@nfa.futures.org Karen Wuertz, 312-781-1335, kwuertz@nfa.futures.org NFA orders Bedminster, N.J. futures commission merchant and forex dealer member Gain Capital Group LLC to pay a $50,000 fine August 7, Chicago—NFA has ordered Bedminster, N.J. futures commission merchant and forex dealer member Gain Capital Group LLC (Gain) to pay a $50,000 fine. 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 Gain. The Complaint alleged that Gain failed to favorably adjust all customer orders adversely impacted by a recurring malfunction affecting Gain's electronic trading platform. For more information, read the Complaint and Decision.

Annex