Notices to Members

2024 | 2023 | 2022 | 2021 | 2020 | Show more years

Notice I-10-28

December 6, 2010

Nominated Individuals to NFA's Board of Directors and 2011 Nominating Committee

On November 8, 2010, NFA notified its Members of the nominations made by the 2010 Nominating Committee for positions on NFA's Board of Directors and 2011 Nominating Committee. At that time, Members were also given the opportunity to make other nominations by petition, in accordance with Article VII, Section 3(b) and Article X, Section 3 of NFA's Articles of Incorporation. The deadline to submit nominations by petition has passed and no candidates were added via petition. Therefore, there will be no contested election this year, and the nominees named below will fill the open positions on the Board and Nominating Committee.


2010 NOMINEES FOR NFA BOARD OF DIRECTORS


FCM -- This year there are four open positions in the FCM category on the Board. Of the four FCM Board members whose terms do not expire next year, two are affiliated with FCMs that rank in the top ten FCMs based on the total amount of segregated funds and secured amounts as of June 30, 2010 and two are affiliated with non-top ten FCMs. Therefore, the four open FCM positions may be filled by either FCMs that rank in the top ten or by FCMs that do not rank in the top ten. The nominees are:

Nominees - FCM Category:

Maureen C. Downs
President
Rosenthal Collins Group LLC

W. Robert Felker
Chairman
JPMorgan Futures, Inc.

Christopher K. Hehmeyer
Non-executive Chairman
Penson GHCO

William F. McCoy
Managing Director
Morgan Stanley

IB -- This year there is one open position in the IB category on the Board which must be filled by an Independent IB. The nominee is:

Nominee - Independent IB Category:

John A. Vassallo
President
Coquest Incorporated

CPO/CTA -- This year there are two open positions in the CPO/CTA category on the Board. Of the two CPO/CTA Board members whose terms do not expire next year, one ranks in the top 20% of CPOs or CTAs with funds under management allocated to futures and the other does not. Therefore, of the two open CPO/CTA positions, at least one must be filled by a CPO or CTA that ranks in the top 20%. The nominees are:

Nominees - CPO and CTA Category

Bruce L. Cleland
Vice Chairman
Campbell & Company, Inc.

George E. Crapple
Co-Chairman and Co-Chief Executive Officer
The Millburn Corporation


NOMINEES FOR 2011 NOMINATING COMMITTEE


FCM -- There is one open position on the 2011 FCM Nominating Subcommittee. The nominee is:

Louis T. Caiafa
Managing Director
BNP Paribas Commodity Futures Inc.

IB -- There is one open position on the 2011 IB Nominating Subcommittee. The nominee is:

Michael T. Burke
Chief Executive Officer
Highground Trading Group Inc.

CPO/CTA -- There is one open position on the 2011 CPO/CTA Nominating Subcommittee. The nominee is:

Patricia N. Gillman
US Counsel
Winton Capital Management, Ltd.

Subscribe to NFA Email Communications