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During the relevant period Chay was the president of4X. Chay has never been registered with the CFTC. Of the approximately 2 995 000 that Chay deposited into 4X s trading accounts Chay lost approximately 1 985 754 trading forex and forex options. 1961 2012. To effect payment ofthe Disgorgement Obligation and the distribution of any Association NFA as Monitor Monitor. 13a-I 2012 as set forth herein. The matter is referred to ChiefMagistrate Judge Maas for an inquest concerning the appropriate...
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