NFA orders Florida-based former NFA Associate Richard Alexander Acosta to not apply for NFA membership status for five years

  • 12:59 am
  • NFA

July 29, Chicago—NFA has ordered Richard Alexander Acosta (Acosta) to not apply for NFA membership status for five years and not to act as a principal of an NFA Member for seven years. Acosta is a former NFA Associate and a previous associated person and principal of Bit5ive Mining Fund Advisor, LLC (Bit5ive Advisor), a former NFA Member commodity pool operator located in Doral, Florida.

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