NinjaTrader to Pay‍ $250,000 Fine for Compliance Lapses

​ ​ ⁤ Updated June 5, ⁣2025
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NinjaTrader, a Chicago-based‍ futures commission merchant, will pay a‌ $250,000 fine to settle charges brought by ​the⁤ National Futures ‌Association (NFA). The NFA found that NinjaTrader’s anti-money laundering compliance⁣ program and‍ supervisory‌ procedures fell ​short of regulatory standards.

The NFA’s Business Conduct Committee filed a complaint, citing violations related to anti-money laundering protocols and overall operational supervision. The regulator determined that NinjaTrader lacked sufficient tools and processes to⁢ effectively monitor for and address suspicious activity, a critical component of protecting the financial system from abuse.

The NFA also cited NinjaTrader for⁣ insufficient oversight of its daily operations. Futures commission merchants must adhere to strict rules and maintain operational checks. The NFA said lapses in supervision could lead⁢ to undetected errors or violations.

While NinjaTrader did not⁤ admit ⁢to the allegations, the company agreed to the settlement to resolve the matter. The NFA accepted the settlement, issuing a final decision that included ⁤the $250,000 ⁤penalty, reflecting the seriousness of the compliance issues.

NinjaTrader ⁤said it cooperated fully with the NFA’s investigation‍ and is actively implementing corrective measures. ⁢These include upgrades to its compliance systems,‍ enhanced internal controls, and strengthened training and‍ oversight programs. The company aims to prevent similar‌ issues in the future and demonstrate its commitment to regulatory compliance.

The⁣ NFA emphasized that this enforcement action serves as a​ warning to other member firms. The regulator expects strict adherence to compliance standards, ‍particularly in areas such as anti-money laundering, and will take action when those standards are⁤ not met. ‍The case underscores ‍the increasing‍ pressure on financial firms⁣ to proactively manage risks and maintain robust oversight.

what’s next

NinjaTrader faces the task of rebuilding trust with regulators and demonstrating its ability⁣ to maintain a strong ​compliance framework. Ongoing efforts and​ demonstrable results will be crucial in​ meeting regulatory expectations ⁣and⁣ restoring⁤ confidence in the firm’s operations. The company said compliance is a major focus and will remain ⁤a key ⁢part of its plans.