UNITED STATES OF AMERICA
COMMODITY FUTURES TRADING COMMISSION
RONALD S. BLOOMFIELD
NATIONAL FUTURES ASSOCIATION
CFTC Docket No. CRAA 99-1
ORDER PURSUANT TO
On October 8, 1998, Ronald S. Bloomfield appealed from a final order of the National Futures Association ("NFA"), in which Bloomfield was found to have violated NFA Compliance Rules 2-2(f), 2-4 and 2-9.
While the appeal was pending, the parties reached a settlement agreeing that (1) Bloomfield will pay a fine to NFA in the amount of $9,500; and, (2) should Bloomfield transact futures business on behalf of customers or supervise Commodity Futures Trading Commission registrants who conduct such business, Bloomfield will (a) tape record any contacts with such customers or prospects and maintain those tape recordings for a period of at least two years; and (b) submit all promotional material relating to the transaction of futures business to NFA ten days prior to the use of such material. See NFA Hearing Committee Order of April 15, 1999. As a result of the settlement and NFA's order, Bloomfield asks that this action be dismissed pursuant to Rule 171.12. In light of the parties' settlement, this appeal is dismissed.
IT IS SO ORDERED.1
J. Douglas Richards
Deputy General Counsel
Commodity Futures Trading Commission
Dated: April 21, 1999
1 By the Commission pursuant to delegated authority. 17 C.F.R. § 171.50(a)(2) (1998).