Tag: Benhope Munroe

February 20, 2014 BY Gerald Segal

CFTC to repeal registration of Introducing Broker iFinix Futures

The regulatory action comes as the company failed to maintain adequate capital and tried to cover it up New York based independent introducing brokerage iFinix Futures is in trouble after the latest press release by the US CFTC details that the regulator is looking to suspend the firm’s license. The company has already been fined…

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September 26, 2013 BY Gerald Segal

CFTC bans and issues $1.3 million fine to introducing broker iFinix Futures

iFinix and CEO Benhope Marlon Munroe falsified bank statements and didn't meet minimum capital requirements. The CFTC has imposed a permanent trading and registration ban against introducing broker iFinix Futures (which also did business under the name Pro-Active Futures) and its principal Benhope Marlon Munroe for providing falsified bank account documents to the NFA during its audit of iFinix, in…

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