February 7, 2025
NFA Slaps $350K Fine on GMG Brokers and Its CEO

The National Futures Association (NFA) in the United States has brought a total penalty of $350,000 against a London-based introducing broker, GMG Brokers LTD, and two employees for engaging in deceptive conduct and failing to observe high business standards, among other things.

NFA Fines GMG Brokers

The self-regulatory organization passed two orders to impose the penalty…
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