NFA Charges U.S. Introducing Broker Avail Trading Corp in Latest Complaint
Posted: Sun Jul 03, 2016 10:20 am
California-based Introducing Broker (IB) Avail Trading Corp. has been issued a complaint from the National Futures Association (NFA), according to updated information from the independent US futures market regulatory organization based in Chicago.
NFA noted that it had become aware of the bankruptcy process that Avail Trading had started earlier this year, as it related to its net-capital requirement and a legal action from a client who had sued over losses – prompting the firm to seek bankruptcy protection.
Finance Magnates had written about those stories in detail as they unfolded before the parties ... (read more)