National Futures Association

And, I think that the Hong Kong Futures and Securities Commission came out of this worse than Andrew Left.

The complaint additionally highlights that Left was sanctioned by the NFA for making false statements to sell commodity futures contracts when he worked at Universal Commodity Corp.

This is a lot worse.

From what I can find online, this firm sounds like a boiler room operation where he worked for nine months while he was at university.

Loans are made by Calci affiliate Calci Catalyst.

That's not regulated by the CFTC or the National Futures Association.

And yeah, this is a lot of opportunities that they're saying with this.

I'm throwing this out here.

And it was just kind of a word of mouth.

But eventually I had too many managed accounts to not be registered with the NFA as a commodity trading advisor.

So, thus, Davis Commodities was born.

How many months did it take you to come up with that name?

Yeah, I think it is really an iterative process in working with regulators, right? I think about two weeks ago, we actually enabled perps trading in the US on the platform.

And that was something that we've been working with the CFTC and the NFA for the last couple of months.

It's something that was a long time, a long work in progress.

People see the announcement, they don't often see the amount of work that is going in in DC with our legal teams and our regulatory teams.

As police dug into Hightower's background, they found a destitute man with a trail of fraud leading from his investment scam in Ohio.

On October the 2nd, US regulator the National Futures Association told investigators about a letter they purportedly received from Ernest Brendel withdrawing a complaint against a broker, Christopher Hightower.

Forensics experts examined it and revealed it was a forgery.

Now the police knew this complaint could be their prime suspect's motive for murder.

And as part of our role, we are fully regulated, so segues on segues, that's a nice intro to do my, um, mandatory- Uh, podcast disclaimer, which I have to speak out to everyone, um, because we are regulated.

Um, so to rattle through this, so Clarksons Futures Limited is authorized and regulated by the UK FCA, Financial Conduct Authority, registered with the US NFA as an introducing broker.

So we are subject to regulations regarding financial promotions, including two rules, so NFA Rule 2-29 and Rule 2-9.

As a result, our views are general guidance only and cannot be construed as investment, tax, or legal advice, and we are not soliciting any action based upon our views.

Now that that's out of the way, I, I noticed a few-- Just to tag on a little bit with what Lars was saying earlier.