Tuesday, 2 September 2014
Last updated 2 hours ago
Nov 30 2006 | 10:57am ET
Last week, the National Futures Association granted Tom Mahl, who was formerly convicted of petit larceny, “conditional registration” as a floor trader.
Mahl’s initial registration attempt was denied by the NFA on May 9, 2006 on the grounds that he pled guilty to and was convicted of petit larceny. The NFA also alleged that Mahl failed to disclose his 2000 guilty plea and conviction for the misdemeanor offense on his previous floor trader application dated November 2004.
In June, Mahl filed a response to the NFA whereby he admitted to his past legal troubles and wanted to show that despite the allegations, his full or conditioned registration would pose no risk to the public.
On November 21, a subcommittee of the NFA's membership committee issued a final order accepting Mahl's settlement offer and granting him conditional registration as a floor trader. As part of Mahl’s conditional registration, he is not allowed to act as a principal or officer of any firm registered or required to be registered with the NFA, nor is he allowed to serve on any disciplinary or oversight committees.
Mahl’s sponsors are required to conduct monthly reviews of his trades and keep a log of his trading activities for a period of two years.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...