Following an October 2008 complaint, the NFA has permanently barred Global Trading Center LLC, a former Introducing Broker located in Florida, from NFA membership. Global Trading’s principal, Harris Shapiro, has been bared for a period of five years as part of a settlement. The Complaint charged that Global Trading and Shapiro used high-pressure sales tactics, made deceptive and misleading sales solicitations, and failed to disclose that most of their customers lost money.
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