Violation Tracker Individual Record

Company: 
New Futures Trading International Corporation
Penalty: 
$1,433,889
Year: 
2012
Date: 
May 29, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The SEC announced that the U.S. District Court for the District of New Hampshire entered final judgments by default against New Futures Trading International Corporation, a New Hampshire business, and Henry Roche, a Canadian resident who directed New Futures, in a Ponzi scheme action the Commission filed in November 2011.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.