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For Immediate Release
January 12, 2007

For more information contact:
Larry Dyekman (312) 781-1372,
Karen Wuertz (312) 781-1335,

NFA suspends principal of Florida futures firm

January 12, Chicago - National Futures Association (NFA) has temporarily barred George O. Allende from membership for a period of six months. The Decision issued by NFA's Hearing Panel is based on a Complaint issued on July 21, 2005 and the settlement offer submitted by Allende. The Hearing Panel found that Allende, formerly a principal and associated person (AP) of Financial Risk Investments (FRI) located in Fort Lauderdale, Florida, made a deceptive and misleading sales solicitation.

If Allende becomes an NFA Member, following the six month suspension, he and any Member of which he is a principal, are required to tape record all conversations with customers or potential customers for a period of six months.

The complete text of the Complaint and Decision can be found on NFA's Web site (

This Decision follows recent enforcement actions taken against FRI and its APs and principals. Previously, on November 13th, 2006, NFA temporarily barred FRI from membership for a period of three years.

For more information see related Decisions:
Financial Risk Investments
Stephanie A. Gallitano
Ronald H. Weksler

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

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