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NFA ACTION: IFINIX Futures Inc

Felix Shipkevich - November 2, 2009

On June 24, 2009, NFA issued a complaint alleging that IFINIX failed to maintain required minimum ANC and adequate books and records; failed to file notice with NFA; and failed to develop and implement an adequate AML program. IFINIX filed an Answer to the Complaint in which the firm denied the material allegations contained therein. On November 2, 2009, IFINIX was ordered to pay a $17,500 fine.

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