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For Immediate Release
February 15, 2007

For more information contact:
Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org
Karen Wuertz (312) 781-1335, kwuertz@nfa.futures.org

National Futures Association suspends Robert F. Allen, an associated person of Ace Financial Group in Boca Raton, Florida

February 15, Chicago - National Futures Association (NFA) has suspended Robert F. Allen from NFA membership for a period of five years. Allen was an associated person (AP) of Anthony John Columbo, Inc. also known as Ace Financial Group (ACE), an Introducing Broker located in Boca Raton, Florida. The Decision, issued by NFA's Business Conduct Committee, is based on a Complaint filed in November 2006.

The Committee found that Allen made misleading and deceptive statements and used a high-pressure approach in soliciting commodity futures customers. His sales solicitations exaggerated profit potential, minimized the risk of loss and urged customers to make immediate investments.

In the event that Allen again becomes an NFA Member or Associate after the five-year bar, he is ordered to pay a fine of $10,000 and to tape record all conversations between himself and existing or potential customers.

NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the derivatives markets.

NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets.
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