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For Immediate Release
October 28, 2002

For more information contact:
Larry Dyekman (312) 781-1372, or
Jennifer Bucko (312) 781-1373,

NFA sanctions Florida commodities trader, suspends two others in Michigan

October 28, Chicago - National Futures Association (NFA) announced today that it had reached a settlement with Thierry Kim, an associate of Executive Commodity Corp. (ECC). Under the terms of the settlement, Kim agreed to never apply for NFA membership or Associate or principal status with any NFA Member in the future. ECC is an introducing broker located in Pompano Beach, Florida. The action was part of a settlement agreement reached on October 23. NFA alleged that Kim made a misleading and deceptive sales solicitation on behalf of ECC.

In another settlement agreement reached on October 23, NFA banned Gregory Doublet and Kevin B. Harrington from NFA membership for a period of five years. Doublet and Harrington are associates of Futurewise Trading Group, Inc., a commodity pool operator, commodity trading advisor and introducing broker Member of NFA located in Novi, Michigan. NFA alleged that Doublet and Harrington cheated or attempted to cheat customers, bucketed commodity futures orders and failed to uphold high standards of commercial honor and just and equitable principles of trade. NFA permanently barred Futurewise Trading in September 2002.

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