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Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org
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NFA permanently bars Florida firm, City Capital Management LLC and its principal

May 7, Chicago - National Futures Association (NFA) has permanently barred City Capital Management LLC (CCM) and its principal, Jonathan Lee from NFA membership. CCM is a Commodity Trading Advisor located in Naples, Florida. The Decision, issued by NFA's Business Conduct Committee, is based on an NFA Complaint filed in February 2010.

The Committee found that CCM failed to provide an NFA approved disclosure document to customers. Additionally, the Committee found that CCM and Lee failed to cooperate promptly and fully with NFA during NFA's audit of CCM by failing to respond to certain requests set forth in NFA's audit report. CCM and Lee failed to file an Answer to the Complaint. CCM and Lee may appeal the Decision to the Appeals Committee of NFA.

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

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