Notices to Members
2024 | 2023 | 2022 | 2021 | 2020 | Show more yearsNotice I-99-12
July 26, 1999
Board and Nominating Committee Members Whose Terms Will Expire at the 2000 Annual Election
NFA Bylaw 406 provides that before October 15 of each year, NFA's Secretary shall notify all Members in the FCM, IB, CPO and CTA categories of the elected Directors and the members of the Nominating Committee whose terms shall expire at the Annual Election and shall request that the names of eligible persons to fill those positions be submitted to the Nominating Committee. Enclosed is a list of Board and Nominating Committee members whose terms shall expire at the 2000 Annual Election to be held on January 11, 2000.
Also enclosed is a form for your use in submitting names of persons eligible to fill the vacancies on the Board of Directors and the 2000 Nominating Committee. The Nominating Committee shall consider names which are submitted and the membership shall be notified of its nominations. Thereafter, additional nominations may be made by petition only. Ballots shall be mailed in December to all Members in categories for which there is a contested election and the ballots will be counted on January 12, 2000. The results shall be circulated before the Annual Meeting in February.
NFA is a membership organization. NFA Members have a voice in NFA's governance through the exercise of the right to suggest candidates and to nominate and elect individuals to serve on NFA's Nominating Committee and Board of Directors. The Nominating Committee relies heavily on the suggestions of the membership in making its nominating decisions. Please give this matter serious consideration and return your submission(s) to NFA no later than August 20, 1999.
Should you have any questions, please contact Audrey West at (312) 781-2255.
BOARD OF DIRECTORS
(Directors may succeed themselves)
FCMs with 1-15 Offices David M. Pryde Managing Director J.P. Morgan Futures, Inc. New York, New York
Wallace G. Weisenborn
FCMs with 16-50 Offices
FCMs with 51 or more Offices
Ronald S. Oppenheimer |
Guaranteed IBs
None
Independent IBs
William D. Darby
President
Darby Trading Consultants, Inc.
White Plains, New York
CPOs
Patrick L. Welton
President
Welton Global Funds
Management Corporation
Carmel, California
CTAs
Douglas L. Bry
President
Northfield Trading LP
Denver, Colorado
(Nominating Committee Members may NOT succeed themselves)
FCMs with 1-15 Offices
Calogero B. Carcione
Director
Cargill Investor Services, Inc.
Chicago, Illinois
FCMs with 16-50 Offices
Donald G. Andrew
Senior Vice President
Lehman Brothers, Inc.
New York, New York
FCMs with 51 or more Offices
Marcy Engel
Managing Director
Salomon, Smith Barney, Inc.
New York, New York
Guaranteed IBs
F. Mike Clucas
President
Clucas Trading Co.
Galva, Illinois
Scott W. Stewart
President
Stewart-Peterson Group, Inc.
West Bend, Wisconsin
Independent IBs
John A. Vassallo
President
Coquest Incorporated
Dallas, Texas
CPOs
Richard E. Bornhoft
President
The Bornhoft Group Corporation
Denver, Colorado
John R. Frawley, Jr.
President and CEO
Merrill Lynch Investment Partners, Inc.
New York, New York
Barbara A. Pfendler
Vice President
CIS Investments, Inc.
Chicago, Illinois
CTAs
Robert M. Aaron
President
Derivatives Portfolio Management LLC
Somerset, New Jersey
Robert L. Isaacson
President
Commodity Investment Consultants, Ltd.
Woodside, California
Edwin L. Miller
President
ELM Financial, Inc.
Dallas, Texas
DIRECTORS ELECTED BY THE MEMBERS*:
- TWO (2) FCM REPRESENTATIVES - 1 to 15 Offices
- TWO (2) FCM REPRESENTATIVES - 16-50 Offices
- FIVE (5) FCM REPRESENTATIVES - 51 or more Offices
- FIVE (5) FCM REPRESENTATIVES FROM ANY OF THE CATEGORIES 1, 2 OR 3 ABOVE
- ONE (1) IB REPRESENTATIVE - Independent
- ONE (1) IB REPRESENTATIVE - Guaranteed
- ONE (1) IB REPRESENTATIVE FROM EITHER CATEGORY 5 OR 6 ABOVE
- THREE (3) CPO REPRESENTATIVES - At least one being from a CPO which ranks within the top one-third of CPOs with funds under management
- THREE (3) CTA REPRESENTATIVES - At least one being from a CTA which ranks within the top one-third of CTAs with funds under management
* Contract Market Representatives are appointed by the Contract Markets they represent. Public Directors are elected by the Board of Directors.
- ONE (1) FCM REPRESENTATIVE - 1 to 15 Offices
- ONE (1) FCM REPRESENTATIVE - 16 to 50 Offices
- ONE (1) FCM REPRESENTATIVE - 51 or more Offices
- ONE (1) IB REPRESENTATIVE - Independent
- ONE (1) IB REPRESENTATIVE - Guaranteed
- ONE (1) IB REPRESENTATIVE FROM EITHER CATEGORY 4 OR 5 ABOVE
- THREE (3) CPO REPRESENTATIVES
- THREE (3) CTA REPRESENTATIVES
THE COMPLETED SUGGESTION FORMS SHOULD BE RECEIVED
BY AUGUST 20, 1999.
Please Return To:
Daniel J. Roth
Secretary
National Futures Association
200 West Madison Street, Suite 1600
Chicago, Illinois 60606-3447
Download suggestion form in PDF format
Download suggestion form in Microsoft Word format