NFA takes emergency enforcement action against Trade Dock Capital LLC and Dominique Miguel Da'Cruz

National Futures Association (NFA) announced that it has taken an emergency enforcement action against Trade Dock Capital LLC (Trade Dock Capital) and its sole associated person (AP) and principal, Dominique Miguel Da'Cruz. Trade Dock Capital is a Commodity Trading Advisor and Commodity Pool Operator located in Bethesda, Maryland.

NFA believes that Trade Dock Capital and Da'Cruz solicited prospective customers with false and misleading information. Claims on the firm's website indicated the firm was doing business in commodity futures and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading while neither Trade Dock Capital nor Da'Cruz have been approved as a forex firm or forex AP, respectively. Trade Dock Capital and Da'Cruz deliberately misled NFA throughout the investigation of Trade Dock Capital and failed to cooperate with NFA during the examination of the firm or demonstrate that it is in complete compliance with NFA requirements.

Effective immediately, the Member Responsibility Action (MRA) and Associate Responsibility Action (ARA) suspend Trade Dock Capital and Da'Cruz from NFA membership until further notice. Additionally, Trade Dock Capital and Da'Cruz are prohibited from soliciting or accepting funds from customers or investors and soliciting investments for any investment vehicles.

The MRA/ARA will remain in effect until such time that Trade Dock Capital and Da'Cruz exhibit that they are in full compliance of NFA Requirements. Trade Dock Capital and Da'Cruz may request a prompt hearing before NFA's Hearing Committee.

The complete text of the MRA/ARA can be found on NFA's website (www.nfa.futures.org).

The following Compliance staff members are responsible for this case: Kimberly Nordhoff, Investigator, Compliance (312-781-1374) and Rachel Brandenburg, Manager, Compliance (312-781-1472).

NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the futures markets.