On June 28, 2007, NFA issued a Complaint charging AMI with cheating, defrauding or deceiving another person or attempting to do so and failure to observe high standards of commercial honor and just and equitable principles of trade. The Complaint also charged AMI with failure to maintain required adjusted net capital; failure to take required charges; failure to collect and maintain required security deposits; failure to file accurate weekly reports; and failure to maintain accurate records. Finally, the Complaint charged AMI, Brocco and Gooch with failure to supervise.
AMI, Brocco and Gooch were ordered to pay a $150,000 fine,
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