We began to prepare the necessary paperwork for a bulk transfer of our customer accounts to another FCM, talking with other FCMs we work with to see who could facilitate the transfer the easiest.

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"It's important to highlight that it's not been decided that the (27 regional) Councils of Medicine are favourable to abortion, instead it's the autonomy of women and doctors, " the president of the FCM, Roberto Luiz D'Avila, wrote on the statement.

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"When (a futures commission merchant's) financial risk controls are so lacking that they do virtually nothing to prevent an unchecked customer from taking grossly excessive trading risks as happened here, a harmful domino effect of financially dangerous consequences can follow, affecting not only the FCM but also potentially other customers and the market at large, " said David Meister, the CFTC's enforcement director.

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