The National Futures Association ordered Chicago-based futures commission merchant NinjaTrader Clearing LLC to pay a USD 250,000 fine after an NFA Hearing Panel found breaches of NFA Compliance Rules covering supervision and anti-money laundering controls. The matter stemmed from a Business Conduct Committee complaint alleging NinjaTrader failed to implement an adequate anti-money laundering program in violation of NFA Compliance Rule 2-9(c) and failed to supervise in violation of Rule 2-9(a). The decision was issued in connection with a settlement offer submitted by the firm in which it neither admitted nor denied the complaint’s allegations, and the Hearing Panel found violations of Rules 2-9(a) and (c).
National Futures Association 2025-05-29
National Futures Association fines NinjaTrader Clearing USD 250,000 for anti-money laundering and supervision failures
The National Futures Association fined NinjaTrader Clearing LLC USD 250,000 for breaches of NFA Compliance Rules related to supervision and anti-money laundering controls. The decision followed a complaint alleging inadequate anti-money laundering programs and supervision failures, with the firm neither admitting nor denying the allegations in its settlement offer.