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Member Announcements

October 28, 2011

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Chairman's Message | October 2011

Dear Members - Have you ever needed to talk to an attorney who knows what a "GIB" is? Would you like to know an accountant who can read a client account statement which includes options and forex positions? Look no further than the NIBA Service Providers Directory. The new Service Providers Directory is posted at https://www.theniba.com/association/ServiceProviders.aspx. It includes attorneys, accountants, publications, market information companies and others who have specific knowledge of the financial industry. These professionals have real, longtime experience in the business, and speak our language. Many companies listed offer discounts or special incentives to NIBA members. The directory is currently being opdated and expanded. If you would like to suggest a service or provider, or if you would like to list your firm, contact John Jensen, hwfi@pacbell.net. We hope that our new Service Providers Directory will be a valuable benefit of NIBA membership for you. Warm regards, Melinda

Chairman's Message | September 2011

Dear NIBA Members - Over 190 members attended the NIBA membership meeting last week in Chicago. Thanks to all our sponsors and speakers for making this another successful NIBA event. To continue the conversation with any of the speakers, just go to our conference page and click on an email address. I am always impressed with the people at our meetings. Of course the speakers are great. They are prepared, topical and deliver terrific ideas to help you increase business the minute you leave the meeting. But it is the members themselves that really impress me. In 20 years at the NIBA, I have met a diverse group of men and women who have changed and adapted as the industry and their clients’ needs changed. I admire our members who have had to learn to embrace technology, who must continually update their industry knowledge and who eagerly learn new marketing...

Chairman's Message | August 2011

Dear NIBA Member: On August 8, 2011, the Association filed a comment letter relating to the Proposed Amendment to CFTC Regulation 1.35(a). This proposed amendment goes beyond the NFA Rule which requires firms with a certain number of disciplined APs to record conversations with clients. The CFTC proposal would require every IB to record all oral and written communications with a client or potential client which lead to a transaction. After receiving member comments, the NIBA Board of Directors filed our Association comment letter vigorously opposing the proposed amendment. You can view the comment at http://comments.cftc.gov. Look for the comments due 8/08/2011. In January 2011, the Association also filed a comment letter opposing Proposed CFTC Regulation 1.71: FCM-IB Conflicts of Interest which would require IBs to separate people researching or analyzing price or markets from anyone involved in the firm’s trading or clearing functions who might prejudice or bias the...

Save the Date | NIBA Conference April 18, 2012 - New York

April 18, 2012 Location: NYMEX Building, NYC 1 N End Ave. New York, NY 10282 » Directions Save the date for the NIBA 2012 New York Conference, April 18, 2012. More information coming soon! We look forward to seeing you there!

Chairman's Message | July 2011

Dear NIBA Members - Did you know that the NIBA Online Directory is the go-to site for customers looking for a broker? Traffic to the NIBA website comes from search engine such as Google and from social media sites including LinkedIn. The site is well optimized and has a high quality score which translates into good visibility for your firm. Participation in the NIBA Directory gives every member a presence on the Internet without the cost of developing and administrating an individual site. If your firm already has exposure on the Internet, a listing on the NIBA site links potential clients looking for a firm active in a recognized trade association directly to you. Whether your firm handles futures, options or forex, your NIBA Membership dues include a basic listing in the NIBA Online Directory at no additional charge. Did you know that you can attend NIBA Membership Meetings free?...

Chairman's Message | June 2011

Dear NIBA Members and Supports, Year 2011 marks the 20th Anniversary of the NIBA. Since 1991 we have held over 35 membership meetings. Every meeting is planned with input from our members, which includes suggestions for topics and speakers. The number one topic suggested is a discussion and update of CFTC and NFA rules and regulations. Most IBs and CTAs feel they get little, if any, advanced warning from their clearing FCMs and others when rules which affect their business are changed or enacted. Even those IBs and CTAs who regularly check the agencies’ websites, generally have to sort through numerous proposals which only apply to FCMs or hedge fund operators or other registration categories or processes. Rules, regulation and compliance issues are a part of every NIBA meeting. Year after year our IB, CTA and AP members say they rely on the NIBA twice-annual programs for easy-to-understand presentation and...

NIBA Announcement | Three New Board Members

The NIBA announces the appointment of three Board Members effective May 15, 2011. Rodney Dow | President, The Dow Corporation, IIB located in Garrison, NY. Prior to founding The Dow Corp. in 1995, Mr. Dow established an FCM for CitiBank, the first of its kind to trade exclusively energy futures and options. He was a member of NYMEX for 14 years, and currently consults for energy markets, is a registered CTA in addition to the IIB registration and serves as a public member on the business conduct committee for the CME Group. The Dow Corp. has several clearing arrangements and has been an NIBA member since 2000. Marc Nagel | COO, Dorman Trading LLC, FCM based in Chicago, IL. Prior to joining Dorman in 2004, Mr. Nagel, a licensed attorney and CPA, traded futures and options on the CBOT floor as well as trading securities and arbitraging interest rates at...

American Association of Professional Technical Analysts 2011 Conference

April 8-9, 2011 In the mood for an intense, thought provoking two full days focused on technical analysis? You’ll find that and much more at the American Association of Professional Technical Analysts 2011 conference April 8th and 9th in Marina del Rey, California. To make the most of your networking time with more than 100 attendees from all fields of Technical Analysis, plan to arrive on the 7th and depart on the 10th. The cost for the entire conference is $425. But for various 1 day and companion pricing options please go to the www.aapta.com web site and click on the upper right hand hand tab for more 2011 conference information. The 2011 AAPTA conference will be held at the Marriott Marina Del Rey located at 4100 Admirality way, Marina Del Rey, CA 90922. Book your room directly with the hotel by calling 310-301-3000. AAPTA room rates are $189.00 plus...

Dynamic Strike Price Listing for Dairy, Livestock and Forest Product Options

Beginning June 6, 2011 In response to customer demand, dynamic strike price listing will be available for Livestock, Dairy and Forest product options on futures beginning June 6, 2011. Dynamic strike price listing provides customers with the ability to trade in a strike price that has not previously been listed. The dynamically listed strike price must be in a proper strike interval and will be listed the first day on the open outcry platform, before being available the next business day on CME Globex. » For more details and contact information click here Livestock, Dairy and Forest product options are listed with and subject to the rules and regulations of CME.

Managed Funds Association | Forum 2011

June 21-22, 2011 • Fairmont Millennium Park, Chicago Forum 2011 is MFA's 17th Annual Managed Futures and Global Macro Strategies conference. Forum 2011 is designed to engage MFA's members with institutional investors to discuss the economy, regulatory reforms, investment opportunities and investor needs. MFA's Forum 2011 will draw more than 400 senior level delegates including hedge fund advisers, commodity trading advisors, fund of funds, institutional investors and service providers to the alternative investment industry. Forum 2011 offers a rich educational program featuring industry thought leaders. The conference also provides ample networking opportunities and an informative exhibition hall. This year, MFA celebrates its 20-year Anniversary as the industry's leading advocate. Engage with a Distinguished Faculty of Speakers at Forum 2011 Please visit the Managed Funds website for more details about the Luncheon Presentations.

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