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July 24, 1997
Board and Nominating Committee Members Whose Terms Will Expire at the 1998 Annual Election
NFA Bylaw 406 provides that before October 15 of each year, NFA’s Secretary will notify all Members in the FCM, IB, CPO and CTA categories of the elected Directors and the members of the Nominating Committee whose terms will expire at the Annual Election and will request that the names of eligible persons to fill those positions be submitted to the Nominating Committee. Enclosed is a list of Board and Nominating Committee members whose terms will expire at the 1998 Annual Election to be held on January 13, 1998.
Also enclosed is a form for your use in submitting names of persons eligible to fill the vacancies on the Board of Directors and the 1998 Nominating Committee. The Nominating Committee will consider names which are submitted and the Membership will be notified of its nominations. Thereafter, additional nominations may be made by petition only. Ballots will be mailed in December to all Members in categories for which there is a contested election and the ballots will be counted on January 14, 1998. The results will be circulated before the Annual Meeting in February.
NFA is a membership organization. NFA Members have a voice in NFA’s governance through the exercise of the right to suggest candidates and to nominate and elect individuals to serve on NFA’s Nominating Committee and Board of Directors. The Nominating Committee relies heavily on the suggestions of the Membership in making its nominating decisions. Please give this matter serious consideration and return your submission(s) to NFA no later than August 22, 1997.
Should you have any questions, please contact Tony Rose at (312) 781-1469 or Audrey West at (312) 781-2255.
ELECTED BOARD AND NOMINATING COMMITTEE MEMBERS WHOSE TERMS WILL EXPIRE AT THE 1998 ANNUAL ELECTION
BOARD OF DIRECTORS
FCMs with 1-15 Offices
FCMs with 16-50 Offices
FCMs with 51 or more Offices
O. Lee Reid, Jr.
COMPOSITION OF NFA’S BOARD OF DIRECTORS
* Contract Market Representatives are appointed by the Contract Markets they represent. Public Directors are elected by the Board of Directors. There are also regional restrictions that affect eligibility. For complete details, see NFA Article VII, Sections 2(b)(ii), 2(b)(iii) and 2(c)(iii).
COMPOSITION OF NFA’S NOMINATING COMMITTEE
THE COMPLETED SUGGESTION FORMS SHOULD BE RECEIVED