NFA orders Delaware-based Alggoritmica Portfolio Management LLC to withdraw from and not reapply for NFA membership

December 17, Chicago—NFA has ordered Alggoritmica Portfolio Management LLC (Alggoritmica), an NFA Member commodity pool operator and commodity trading advisor in Wilmington, Del., to withdraw from, and not reapply for, NFA membership. NFA has also ordered Lino David Flores Hidalgo (Hidalgo), the sole principal and associated person of Alggoritmica, to withdraw from, and not reapply for, NFA membership status for three years and to pay a $75,000 fine and comply with several undertakings if he reapplies for NFA membership or principal status in the future.

Read More

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Stay On Top Of The Debt Relief Industry's Regulatory Landscape

On November 6-7, 2022, Shipkevich PLLC will be hosting a Regulatory Workshop in Costa Mesa, California focusing on the fundamental regulatory issues facing debt relief professionals and how they can adapt.