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For Immediate Release
September 17, 2008

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

NFA takes emergency enforcement action against Florida firm, Capital Blu Management LLC

September 17, Chicago - National Futures Association (NFA) announced that it has taken an emergency enforcement action against Capital Blu Management LLC (Capital Blu), a Commodity Trading Advisor located in Melbourne, Florida. Effective immediately, the Member Responsibility Action (MRA) suspends Capital Blu from NFA membership and prohibits Capital Blu from soliciting or accepting any customer or pool participants' funds or placing trades on behalf of any customers or pools. The MRA also prohibits Capital Blu from disbursing or transferring any funds of customers or pools from any accounts without NFA's approval and from acting in any manner which requires registration under the Commodity Exchange Act.

NFA issued the MRA to protect Capital Blu's customers because Capital Blu has refused to fully cooperate with NFA in an examination of the firm and its operations. The investigation was prompted when NFA received allegations from customers of Capital Blu that it had provided false statements to customers and participants in the CBM FX Fund LP and possibly other pools.

The MRA will remain in effect until Capital Blu has demonstrated to the satisfaction of NFA that it is in complete compliance with NFA Requirements. Capital Blu may request a hearing before NFA's Hearing Committee.

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