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

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...