The National Futures Association (NFA) on Thursday filed a Member Responsibility Action (MRA) against Last Atlantis Capital Management LLC (LACM). LACM is a Virgin Islands based Commodity Trading Advisor/ Commodity Pool Operator, which also has offices in St. Charles IL, where the CTA/CPO previously was registered as Sjo Inc.
The MRA prohibits LACM from soliciting or accepting any customer or pool participants’ funds for Last Atlantis Partners LLC, LACM Proprietary Options, Share Class O. Additionally, the MRA prohibits LACM from disbursing or transferring any funds of customers or participants in Last Atlantis Partners LLC, LACM Proprietary Options, Share Class O without prior NFA approval and from placing trades on behalf of Last Atlantis Partners LLC, LACM Proprietary Options, Share Class O, except to liquidate existing positions.
