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For Immediate Release
February 04, 2008

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 Florida CTA, World Trade Financial, Inc., and its principal

February 4, Chicago - National Futures Association (NFA) has permanently barred World Trade Financial, Inc. (WTF) and its principal, David A. Moore. WTF is a Commodity Trading Advisor located in Deerfield Beach, Florida. WTF's primary business is in managing accounts trading in retail off-exchange foreign currency futures (forex) contracts. The Decision, issued by an NFA Hearing Panel, is based on a Complaint filed in May 2007.

The Panel found that WTF and Moore failed to list Scott Kuehne as a principal of WTF, although Kuehne solicited customers, traded customers' accounts and wrote checks from the firm's bank account. Additionally, the Panel found that WTF and Moore failed to adequately supervise WTF's forex activities and failed to cooperate with NFA during NFA's examination. The Panel also found that WTF used misleading promotional materials.

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

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