Arbitration Details

CHILMARK COMMODITIES CORP NFA ID: 0177592 An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action. NFA only discloses information concerning arbitration cases that have been decided by an arbitration panel. NFA does not release the names of parties who have settled their parts in the cases. Furthermore, NFA does not report or release information on cases that closed before January 1, 1990, cases that are still pending, or cases that were settled, withdrawn or rejected. Therefore, the number of NFA Arbitration Decisions reflects the total number of claims filed in NFA Arbitration that were decided by an arbitration panel. These decisions may have been decided in favor of the Claimant or Respondent. Effective January 1, 2000, NFA discloses the names of persons who represent parties in NFA customer arbitration proceedings if the matters were decided by an arbitration panel. As of the same date, customers may no longer ask NFA to keep their identities confidential. Case Summary  Case No. Filed Decision Date Product  88ARB00392 12/15/1988 04/17/1990 Options (Domestic Exchange) Summary of Parties  Customers Members Representatives • GRIGSBY WOTTON •  CHILMARK COMMODITIES CORP •  DUNHILL INVESTMENTS CORPORATION • DAVID MARC NAGLER • SEYMOUR REIS • TONY WINSTON STEIGERWALD • FRANK T JR GENOVESE • JAMES KOCH • PAUL SUSSMAN Proceeding Details  Panel Type Number of Arbitrators Proceeding Type Location (City, State)  MEMBER 3 HEARING CHICAGO, IL Summary of Awards and Claims  Type  Claim Amount  Counter Claim  3rd Party Claim  Cross Claim   Compensatory Punitive Treble Interest Attorney Fees Costs  Claim  Award $65,000.00 $37,630.58 $0.00 $0.00 $0.00 $0.00 NA $5,702.46 NA $1,000.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00 Summary of Issues MISMANAGEMENT, MISREPRESENTATION, CHURNING, HIGH PRESSURE SALES TAC- TICS, FAILURE TO DISCLOSE MATERIAL INFORMATION, SUITABILITY, BREACH OF FIDUCIARY DUTY, FAILURE TO SUPERVISE, WAIVER, ESTOPPEL & RATIFICATION. OXFORD INVESTMENTS, INC., DUNHILL INVESTMENTS, INC., SY REIS, TONY STEIGERWALD AND DAVID NAGLER ARE JOINTLY AND SEVERALLY LIABLE FOR THE FULL AMOUNT, WITH DAVID NAGLER LIMITED TO LIABILITY OF $5,600.00.