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Board of Directors

A 25-member Board of Directors is the principal governing and policy-development body of NFA.

Chairman of the Board

W. Robert Felker*
Chairman
JPMorgan Futures, Inc.
Chase Tower
10 South Dearborn Street
19th Floor
Mail Code IL 1-0401
Chicago, Illinois 60603
(312) 732-4174

Vice-Chairman of the Board

Christopher K. Hehmeyer*
Chief Executive Officer
Penson GHCO
600 West Chicago Avenue
Suite 775
Chicago, Illinois 60654
(312) 356-6017

Special Policy Advisor to the Board of Directors

Robert K. Wilmouth
Special Policy Advisor
National Futures Association
300 South Riverside Plaza
Suite 1800
Chicago, Illinois 60606
(312) 781-1400

Permanent Special Advisor to the Executive Committee and Board of Directors

Leo Melamed
Chairman Emertius
CME Group Inc.
Chairman & CEO

Melamed & Associates
10 South Wacker Drive
Suite 3275
Chicago, Illinois 60606
(312) 930-3310

*Executive Committee Member

FCMsCPOs/CTAs | IBs | Contract Market Directors | Public Representatives

Futures Commission Merchants

Gerald F. Corcoran
Chief Executive Officer
R.J. O'Brien & Associates, Inc.
222 South Riverside Plaza
Suite 900
Chicago, Illinois 60606
(312) 373-5050
(term ending February 2010)


Scott A. Cordes
President
Country Hedging, Inc.
5500 Cenex Drive
Inver Grove Heights, Minnesota 55077
(651) 355-6550
(term ending February 2010)


Michael C. Dawley
Managing Director
Goldman Sachs & Co.
30 Hudson Street
5th Floor
Jersey City, New Jersey 07302
(212) 902-7582
(term ending February 2010)


Maureen C. Downs
President
Rosenthal Collins Group LLC
216 West Jackson Boulevard
Suite 1400
Chicago, Illinois 60606
(312) 795-7998
(term ending February 2011)


W. Robert Felker*
Chairman
JPMorgan Futures, Inc.
Chase Tower
10 South Dearborn Street, 19th Floor
Mail Code IL 1-0401
Chicago, Illinois 60603
(312) 732-4174
(term ending February 2011)


Christopher K. Hehmeyer*
Chief Executive Officer
Penson GHCO
600 West Chicago Avenue
Suite 775
Chicago, Illinois 60654
(312) 356-6017
(term ending February 2011)


William McCoy
Managing Director
Morgan Stanley
2000 Westchester Avenue
Purchase, New York 10577
(914) 225-5540
(term ending February 2011)


Michael R. Schaefer*
Managing Director
Citigroup Global Markets Inc.
388 Greenwich Street
7th Floor
New York, New York 10013
(212) 723-5555
(term ending February 2010) 


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Commodity Pool Operators and Commodity Trading Advisors

Craig L. Caudle
Chief Executive Officer
Liberty Funds Group, Inc.
2708 Fairmount Street
Suite 202
Dallas, Texas 75201
(214) 369-0500
(term ending February 2010) 


Bruce L. Cleland*
Vice Chairman
Campbell & Company, Inc.
2850 Quarry Lake Drive
Baltimore, Maryland 21209
(410) 413-2623
(term ending February 2011)


George E. Crapple*
Co-Chairman and Co-Chief Executive Officer
The Millburn Corporation
1270 Avenue of the Americas
11th Floor
New York, New York 10020-1795
(212) 332-7330
(term ending February 2011) 


Robert E. Murray
Chief Operating Officer
Graham Capital Management LP
Rock Ledge Financial Center
40 Highland Avenue
Rowayton, Connecticut 06853
(203) 899-3492
(term ending February 2010)


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Introducing Brokers

Paul J. Georgy*
President
Allendale, Inc.
4506 Prime Parkway
McHenry, Illinois 60050
(815) 363-5500
(term ending February 2010)


John A. Vassallo
President
Coquest Incorporated
4140 Lemmon Avenue
Suite 260
Dallas, Texas 75219
(214) 219-7555
(term ending February 2011)


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Contract Market Directors

CME Group Inc.
John F. Sandner*
Special Policy Advisor
Retired Chairman of the Board
CME Group Inc.
20 South Wacker Drive
Suite 1912
Chicago, Illinois 60606
(312) 930-1221


ICE Futures U.S., Inc.
David S. Goone*
Senior Vice President
Chief Strategic Officer

IntercontinentalExchange, Inc.
55 West Monroe Street
Suite 3430
Chicago, Illinois 60603
(312) 214-2010


Kansas City Board of Trade
Jeffrey C. Borchardt
President & Chief Executive Officer
Kansas City Board of Trade
4800 Main Street
Suite 303
Kansas City, Missouri 64112
(816) 753-7500


Minneapolis Grain Exchange
Mark G. Bagan
President and Chief Executive Officer
Minneapolis Grain Exchange
400 South 4th Street
111 Grain Exchange Building
Minneapolis, Minnesota 55415-1413
(612) 321-7166


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Public Representatives

Douglas E. Harris
Managing Director
Promontory Financial Group L.L.C.
280 Park Avenue
40th Floor West
New York, New York 10017
(212) 365-6568
(term ending February 2010)


Silas Keehn
707 Skokie Boulevard
Suite 600
Northbrook, Illinois 60062
(847) 509-2757
(term ending February 2011)


Charles P. Nastro
New York, New York
(term ending February 2011)


Todd E. Petzel*
Chief Investment Officer
Offit Capital Advisors LLC
485 Lexington Avenue
24th Floor
New York, New York 10017
(212) 588-3244
(term ending February 2010) 


Susan M. Phillips
Dean
School of Business
The George Washington University
Duques Hall
Suite 660
2201 G Street, N.W.
Washington, DC 20052
(202) 994-6380
(term ending February 2010) 


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