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For Immediate Release
May 08, 2006

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

National Futures Association permanently bars Georgia commodity pool operator and firm's principal

May 8, Chicago - National Futures Association (NFA) has permanently barred from membership Lake Dow Capital LLC., a commodity pool operator located in McDonough, Georgia, and Tyrone Edwards, the firm's principal and an Associate Member of NFA. The Decision, issued by NFA's Business Conduct Committee, is based on the charges contained in an NFA Complaint filed in February 2006, and a settlement offer submitted by Lake Dow and Edwards.

The NFA Complaint charged that Edwards and Lake Dow provided customers with activity statements that contained false information, converted investor funds, provided false information to NFA and failed to cooperate in an NFA investigation. The Complaint also charged Lake Dow with failure to prepare, distribute and maintain required reports and records. The complete text of the Complaint and Decision can be found on NFA's Web site (www.nfa.futures.org).

Lake Dow and Edwards had been suspended from NFA membership since September 14, 2005, when NFA issued an emergency enforcement action against them. The action also prohibited Lake Dow and Edwards from soliciting or accepting additional funds, or from disbursing funds without NFA's prior approval.

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

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