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Notice I-05-16

December 13, 2005

Request for Public Director Nominations for NFA's Board of Directors

NFA's Articles of Incorporation ("Articles") provide for five Public Representative positions on NFA's Board of Directors ("the Board"). Article VII, Section 2(c)(ii), defines Public Representatives as "individuals who are not officers, directors, partners, employees or beneficial owners of more than 10 percent of the equity stock of any Member of NFA."

The terms of three current Public Representatives - Alan J. Dixon, Todd E. Petzel and Susan M. Phillips - are set to expire at the Board's 2006 regular annual meeting. Mr. Dixon, Mr. Petzel and Ms. Phillips are eligible for reelection. NFA is asking its Members for nominations to fill these vacancies on the Board. At the Board's regular annual meeting, scheduled for Thursday, February 16, 2006, the Board will select from among the nominees three Public Representatives to serve on the Board for two-year terms.

Because public representation on NFA's Board of Directors is an important matter, we ask that you give serious consideration to submitting a nomination to fill these vacancies. All nominations must be received at the address below or by fax on or before Tuesday, January 10, 2006.

Thomas W. Sexton
Vice President and General Counsel
National Futures Association
200 West Madison Street
Suite 1600
Chicago, IL 60606

Fax Number: 312-781-1467

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