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For Immediate Release
March 14, 2008

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

NFA suspends Jordan Assets Ltd. and its principal for a period of 10 years

March 14, Chicago - National Futures Association (NFA) has suspended Jordan Assets Ltd. (JAL) and its principal, Wallace N. Jordan, from NFA membership and associate membership, respectively, for a period of ten years. JAL and Jordan must also pay a fine of $10,000. JAL is a Commodity Trading Advisor and Commodity Pool Operator located in Excello, Missouri. The Decision, issued by an NFA Hearing Panel is based on a Complaint filed in December 2006.

The Panel found that JAL failed to maintain required books and records and that JAL and Jordan failed to promptly and fully cooperate with NFA. Additionally, the Panel found that JAL failed to update the Fund's disclosure documents to include information regarding prior regulatory actions taken by the National Association of Securities Dealers (currently known as Financial Industry Regulatory Authority) and the state of Colorado against Jordan and failed to provide this information to Fund participants. JAL purchased an instrument from Jordan without disclosing that Jordan personally received the payment for the instrument. Further, this instrument was not allowed under the terms of the disclosure document and JAL failed to obtain approval of a change in trading policy of the Fund from a majority of the Fund's outstanding units prior to purchasing the instrument. Finally, the Panel also found that JAL and Jordan failed to adequately supervise JAL's pool operations to ensure compliance in regards to recordkeeping and disclosure to pool participants.

NFA previously issued a Member Responsibility Action against JAL and Jordan in July 2006 because JAL and Jordan failed to fully cooperate in NFA's examination of the firm.

NFA is the premier independent provider of innovative and efficient 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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