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For Immediate Release
January 19, 2010

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

NFA bars Florida firm, Cani Financial Advisors LLC and its principal, for a period of five years

January 19, Chicago - National Futures Association (NFA) has accepted a settlement offer from Cani Financial Advisors LLC (Cani) and its principal, Scott W. Raybin, to withdraw from NFA membership for a period of five years. Cani is a Commodity Trading Advisor and Commodity Pool Operator located in Fort Lauderdale, Florida. The Decision, issued by an NFA Hearing Panel, is based on an NFA Complaint filed in September 2009 and a settlement offer submitted by Cani and Raybin.

The Panel found that Cani failed to list an individual as a principal of the firm and that Raybin failed to properly supervise Cani's activities. Additionally, the Panel found that Cani failed to observe just and equitable principles of trade by incurring excessive debt and by issuing promissory notes to lenders and investors, when it had no reasonable expectation it would be able to repay the debt. In the event that Cani and Raybin become an NFA Member or Associate, or principal of an NFA Member after the five-year bar, Cain and Raybin must pay a fine of $15,000.

The complete text of the Complaint and Decision can be found on NFA's website (www.nfa.futures.org).

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

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