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For Immediate Release
July 30, 2009

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

NFA accepts offer from Tiger Financial Group, a futures firm located in Los Angeles, California, to permanently withdraw from NFA membership

July 30, Chicago - A National Futures Association (NFA) Hearing Panel has issued a Decision in which it accepted Tiger Financial Group's (Tiger Financial) offer to permanently withdraw from NFA membership. Tiger Financial was an Introducing Broker located in Los Angeles, California. Brian Ozkan, the firm's principal and chief executive officer, has been suspended from NFA membership for three years. NFA also imposed sanctions against several other Tiger Financial staff members (Eric M. Golub, Ramon Chalis, Ameet Andhari, Dustin S. Smith, James A. Spear, Darcus O. Young and Christopher Brueck).

The Decision, issued by an NFA Hearing Panel, is based on an NFA Complaint filed in June 2008 and a settlement offer submitted by Tiger Financial, Ozkan, et al.

The Complaint alleged that Tiger Financial, along with Andhari, Chalis, Smith, Spear, Young and Brueck, made deceptive and misleading sales solicitations and that they also recommended trades that were not in the best interest of their customers. In addition, the Complaint alleged that Tiger Financial, Ozkan and Golub failed in their duty to diligently supervise Tiger's business.

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

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

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