NFA Permanently Bars Majestic Commodity Corporation, a Florida Futures Firm, And Its Owner; Issues Sanctions Against Firm's Associates
March 31, 2008
March 31, 2008
CHICAGO, March 31 -- The National Futures Association issued the following news release:
National Futures Association (NFA) has permanently barred from NFA membership, Majestic Commodity Corporation (Majestic), an Introducing Broker member located in Delray Beach, Florida. NFA also permanently barred Michael H. Sims, the firm's owner, and Michael J. Vallee, an associate of the firm. In addition, NFA barred Ryan Ehrhart and Thomas E. Kline for a period of four years and Ian F. Bett . . .
National Futures Association (NFA) has permanently barred from NFA membership, Majestic Commodity Corporation (Majestic), an Introducing Broker member located in Delray Beach, Florida. NFA also permanently barred Michael H. Sims, the firm's owner, and Michael J. Vallee, an associate of the firm. In addition, NFA barred Ryan Ehrhart and Thomas E. Kline for a period of four years and Ian F. Bett . . .