NFA Suspends Missing CTA

Oct 31 2008 | 7:43pm ET

The National Futures Association announced has suspended SNC Investments and its principal, Peter Son, from membership.

New York-based SNC, which operates as a futures commission merchant, commodity pool operator, and commodity trading adviser has suddenly ceased operations, according to the NFA, and Son is reported missing along with millions of dollars in investor funds.

The NFA has prohibiting Son from soliciting or accepting any new funds.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...