Page 32 - 期貨和衍生品行業監管動態（2024年7月刊）

期貨和衍生品行業監管動態

該決定由 NFA 商業行為委員會（BBC）作出，基于該委員會提出的控告書

及 Rimar Capital 與 Itai Royi Liptz 提交的和解申請。在這份和解申請中，Rimar

Capital 與 Itai Royi Liptz 對于被指控的行為既未承認也未予以否認。

NFA 商業行為委員會在該決定中指出，Rimar Capital 及負責人 Liptz 未能恪

守商業誠信的高標準和交易公平公正原則，具體表現在處理客戶訂單之前先行交

易；在與潛在客戶的溝通中使用了具有欺騙性和誤導性的手段以及未能有效監督

其業務運作及員工行為。此外，商業行為委員會還查明 Rimar Capital 縱容一名

未經注冊的個人以業務人員的身份開展活動。

上述控告書和決定內容的全文可在 NFA 官方網站查閱。

NFA Orders California Firm Rimar Capital LLC and Its Principal Itai Royi

Liptz to Withdraw from NFA Membership and Principal Status and Not

Reapply for 30 Months (2024/7/8)

NFA has ordered Rimar Capital LLC (Rimar Capital), an NFA Member

commodity trading advisor located in Burlingame, California, and Itai Royi Liptz

(Liptz), an associated person (AP) and a principal of Rimar Capital and an NFA

Associate, to withdraw from and not reapply for NFA membership and principal
status for 30 months. If either Rimar Capital or Liptz seeks NFA membership or

principal status following the 30-month period, they must pay a $90,000 fine.

The Decision, issued by NFA’s Business Conduct Committee (BCC), is based on

a Complaint issued by the BCC and a settlement offer submitted by Rimar Capital and

Liptz, in which they neither admitted nor denied the allegations in the Complaint.

In its Decision, the BCC found that Rimar Capital and Liptz failed to observe

high standards of commercial honor and just and equitable principles of trade by

trading ahead of customer accounts, used deceptive and misleading communications

with potential customers, and failed to supervise its operations and employees. The

BCC also found that Rimar Capital allowed an individual to act as an AP without

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