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For Immediate Release
June 22, 2006

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

NFA permanently bars Pompano Beach, Florida firm and one of its principals; sanctions others

June 22, Chicago - National Futures Association has permanently barred from membership Executive Commodity Corp., an Introducing Broker located in Pompano Beach, Florida, and Thomas C. Kennedy, one of the firm's principals and an Associate Member of NFA. NFA has also suspended two Associated Persons of the firm. Timothy D. DeValle was suspended for 30 days and Jennifer J. Larkins was suspended for six months. Five additional Associated Persons of the firm, Don D. Campbell, Alberto J. Jimenez, Theresa A. Singh, Eric R. Temple and Michael J. Vallee, were ordered to pay fines ranging from $7,500 to $15,000 and tape record all of their telephone conversations with customers or prospective customers for six months.

The Decision, issued by NFA's Hearing Committee, is based on the charges contained in an NFA Complaint filed in November 2004 and settlement offers submitted by the respondents. The NFA Complaint charged that Executive used deceptive and high-pressured sales solicitations and misleading promotional material. The Complaint also charged Executive with failure to maintain required minimum net capital, and charged Executive and Kennedy with failure to diligently supervise the firm's employees.

The Complaint also alleged that Campbell, DeValle, Jimenez, Larkins, Singh, Vallee and Temple made deceptive and misleading sales solicitations.

The complete text of the Complaint and Decision can be found on NFA's Web site (www.nfa.futures.org).

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

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