The NFA ordered Muirfield Capital LLC to withdraw from NFA membership. If Muirfield reapplies for NFA membership, it was ordered to pay a $10,000 fine, payable when it reapplies for NFA membership. Muirfield’s application for NFA membership will not be processed until the fine has been paid in full.
On September 25, 2009 the NFA issued a Complaint charging Muirfield with failure to timely file with NFA an annual report. On October 23, 2009, Muirfield filed an Answer to the Complaint in which it denied the material allegations contained therein.