Important Message for Customers of Peregrine Financial Group and Peregrine Asset Management – Updated on July 12, 2012

FROM THE NATIONAL FUTURES ASSOCIATION. View Original Posting here. —————————————————————————————————————————- On July 9, 2012, National Futures Association took an emergency enforcement action against Peregrine Financial Group, Inc. (PFG), an NFA Member futures commission merchant (FCM) and Forex Dealer Member (FDM) and Peregrine Asset Management, Inc. (PAM), an NFA Member commodity trading advisor (CTA) and commodity pool operator (CPO) which is closely affiliated with PFG. NFA took this action because NFA believes that PFG failed to maintain adequate funds in segregated accounts. The shortfall exceeds $200 million. In addition, PFG has filed false reports and has falsified bank records. It is…

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