The NFA permanently barred GlobeFX Club Inc. from NFA membership. The NFA’s Buisness Conduct Committee found that GlobeFX Club provided false and misleading information to the NFA and failed to cooperate in the NFA’s investigation of the firm’s operations. In March 2009, the NFA suspended GlobeFX Club because it was “unable to determine the nature of GlobeFX’s business operations, the identities of its customers and the treatment of its customer funds.”