CPO Fined For Failing To Filing Annual Pool Reports

Apr 17 2007 | 10:17am ET

The National Futures Association has ordered Brandywine Asset Management, a Thornton, Pennsylvania-based commodity pool operator, to pay a fine of $35,000 for failure to file annual pool reports. 

The NFA’s hearing panel alleged that Brandywine failed to meet NFA filing deadlines for annual reports for 10 pools that Brandywine operated in 2005, and annual reports for three pools that Brandywine operated in 2004. 

In addition to the fine, Brandywine must file on or before July 31, 2007, all un-filed 2004 and 2005 annual reports for those commodity pools.

Brandywine has consented to the NFA’s decision without admitting or denying the allegations.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note