June 01, 2020
NFA permanently bars Hong Kong commodity pool operator Bainbridge Asia Limited and its principal Wai Man Yip from membership
June 1, Chicago—NFA has permanently barred Bainbridge Asia Limited (Bainbridge), an NFA Member commodity pool operator located in Hong Kong, and its sole principal and associated person Wai Man Yip from membership and from acting as a principal of an NFA Member.
The Decision, issued by NFA’s Business Conduct Committee (BCC), is based on a Complaint issued by the BCC. The BCC found that Bainbridge and Yip failed to cooperate with NFA in the course of an examination.