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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of