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For Immediate Release
October 17, 2002

For more information contact:
Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org or
Jennifer Bucko (312) 781-1373, jbucko@nfa.futures.org

National Futures Association suspends California futures broker

October 17, Chicago - National Futures Association (NFA) announced that it has suspended Paulino Rene Dias, Jr., of Woodland Hills, California. Dias is an associate of Brewer Investment Group, Inc., an NFA Member introducing broker and commodity pool operator headquartered in Chicago, Illinois. NFA charges that Dias allegedly accepted money from customers to trade commodities, and NFA has been unable to verify that the money was deposited in an account at a futures commission merchant.

NFA began investigating Dias when an individual reported to NFA that Dias solicited him to trade commodities with Krute Corporation, which is neither an NFA Member nor registered with the Commodity Futures Trading Commission to trade futures. Dias refused to produce banking and other records when requested by NFA representatives.

In addition to the suspension, Dias is prohibited from soliciting or accepting funds and from placing trades except for liquidation of positions.

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 futures markets.
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