NFA Suspends IB, CTA

May 18 2007 | 9:30am ET

The National Futures Association has suspended from membership 11 Trading, a guaranteed introducing broker based in Bloomingdale, Ill., Eiger Investment Group, a Toronto-based commodity trading advisor, and Joerg Heierle, the principal and an associated person of both firms.

The NFA said it has been unable to contact Heierle since April 27 and has received information that he is acting illegally as a futures commission merchant and a commodity pool operator.

The suspension is effective immediately.

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