BAM Trading Services Inc. Motion to Dismiss Granted

NH Banking Enforcement Orders

Filed October 31st, 2025

Detected March 20th, 2026

Summary

The New Hampshire Banking Department has granted a motion to dismiss the Order to Show Cause against BAM Trading Services Inc. The adjudicative proceeding has been discontinued without prejudice. This action resolves the enforcement action initiated by the department.

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What changed

The New Hampshire Banking Department, through its Hearings Examiner, has granted a motion filed by Enforcement Counsel to dismiss the Order to Show Cause issued on May 27, 2025, against BAM Trading Services Inc. The adjudicative proceeding, identified by Docket # No. 2025-001, has been discontinued without prejudice.

This dismissal signifies the closure of this particular enforcement action without any finding of guilt or imposition of penalties on BAM Trading Services Inc. Regulated entities should note that while this specific proceeding is closed, the department retains the ability to reopen or initiate new actions if further issues arise. No immediate compliance actions are required for other entities based on this order.

Source document (simplified)

STATE OF NEW HAMPSHIRE BANKING DEPARTMENT In re BAM TRADING SERVICES INC. Docket # No. 2025-001 MOTION TO DISMISS ORDER TO SHOW CAUSE AND DISCONTINUE ADJUDICATIVE PROCEEDING WITHOUT PREJUDICE Pursuant to N.H. Admin. R., Jus Part 806.01, Enforcement Counsel for the State of New Hampshire Banking Department moves to dismiss, without prejudice, the Order to Show Cause issued May 27, 2025 and discontinue this adjudicative proceeding without prejudice. Respectfully submitted, Dated: October 31, 2025 /s/ Lindsay Castanien__________________ Lindsay Castanien, Bar No. 279495 Hearings Examiner New Hampshire Department of Banking Granted. Dismissed without prejudice.So ordered.Catherine DavidowPresiding OfficerCatherine J. DavidowDigitally signed by Catherine J. Davidow Date: 2025.10.31 11:41:42 -04'00'