NFA Investigations & Disciplinary Actions
Attorney Pearce has handled the defense of National Futures Association (NFA) investigations, examinations and disciplinary proceedings, including appeals, for over 35 years from offices located in South Florida. These are serious matters because disciplinary actions resulting from these investigations and examinations can have a significant impact on any registered "members" and "associate members" careers. Sanctions for violations of the Commodity Exchange Act (CEA) and NFA rules and regulations, may result in: a reprimand, substantial fines, orders to repay customers (restitution) for their losses, suspensions and you being expelled from association with any NFA member firm. The issues raised in these investigations, examinations and disciplinary proceedings are very rule intensive and can involve the minutiae of the commodities industry. This is a unique forum where the deck is stacked against the "member" and "associated persons," and so experience is critical to your success. Do not jeopardize your career with inexperienced counsel in commodities industry regulatory matters.
Representing NFA "Members" and "Associated Members" throughout Florida and Nationwide. Please contact our South Florida law office online, or call 561-338-0037 to schedule your free consultation.
All Futures Commission Merchants (FCMs), Retail Foreign Exchange Dealers (RFEDs), Introducing Brokers (IBs), Commodity Pool Operators (CPOs), Commodity Trading Advisors (CTAs), their principals and sales representatives are required to be registered (licensed) before they may do any commodities futures contract or options and FOREX business in the United States with the public. The NFA can be difficult in registration of FCMs, RFEDs, IBs, CPOs, CTAs particularly with those companies and individuals who have experienced past customer complaints, disciplinary actions, bankruptcies and other black marks on their record. Inadvertent nondisclosure of prior incidents could end down the registration process for many months and even result in a refusal to even consider registration in this state. Early intervention and assistance by experienced counsel with this state agency could result in an expeditious resolution of your particular registration problem. We know from prior experience about how to work with them to get the job done quickly and economically.We Can Help You Avoid the Pitfalls of the Surprise NFA Examination
Although the NFA is not a government agency and cannot throw you in to jail for violation of industry rules and regulations, it is a self-regulatory organization and all of its "members" and "associate members" doing commodities futures and options and FOREX business with the public are subject to its rules, regulations, practices and procedures, including disciplinary actions for violations of its rules. While these disciplinary actions are considered civil in nature (as contrasted with criminal actions), they are not necessarily conducted in a civil manner. More important, you do not have certain rights with NFA that may exist with federal and state government agency regulators, including the right to refuse to answer a question on the grounds that your response may tend to incriminate you, as guaranteed by the Fifth Amendment to the United States Constitution without consequences, because you are obligated to cooperate with any NFA investigation. Our law firm is well-versed in NFA rules, practices and procedures and can help you to avoid the pitfalls of a surprise examination.You Need to Hire a Qualified Miami NFA Defense Attorney Immediately!
It can start with a customer complaint letter, a simple letter from an NFA examiner, or a seemingly innocuous request from your branch manager and the next thing you know you are trapped in your office or on the record at the NFA offices giving testimony to NFA examiners and attorneys who are all asking you questions in rapid-fire without the benefit of counsel. You cannot walk out of the room and refuse to answer questions because of the threats to bar you from the industry for failure to cooperate as required under NFA rules. We are available from our Florida offices to consult with you immediately on any NFA inquiry or compliance issue that may result in serious consequences to your career before it is too late!Free Initial Consultation With Attorneys Who Can Handle Your NFA Investigations, Examinations and Disciplinary Problems
The Law Offices of Robert Wayne Pearce, P.A., understands what is at stake in NFA examinations and investigations for violation of its rules and the consequences. We are always pushing back on overzealous NFA examiners to assure a fair investigation and secure the best result possible under the circumstances. We will work hard to ensure that you have all of the information necessary to make a sound decision in your dealings with this self-regulatory organization.
For dedicated representation from a firm with substantial experience in all aspects of NFA examinations, investigations and disciplinary proceedings, contact our law firm by telephone at 561-338-0037, toll-free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere.