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Chairman's Letter - December 2018

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Not Completely Out-with-the-Old: Definitely In-with-the-New The NIBA has had a good year. New members, four great in-person events, over 20 newsletters, and a terrific year-end Advisory Group Meeting. Our partnership with member FCMs, member Service Providers, DePaul University and the CME Group has grown and flourished. NIBA's voice and input on all types of industry issues including significant regulation, has been strengthened as we were included by the NFA and CFTC in roundtables and on advisory committees. In 2017, Association membership has been free for all registered IBs and CTAs. A firm only has to claim its listing on the NIBA website to enjoy all the benefits of membership. The new year will bring anticipated and exciting products, people and technology to the 1,201 NFA-registered IBs, and the 1,645 NFA-registered CTAs -- can you say "bitcoin?" Events are planned in NYC in April, in Chicago during July and September, and we'll present a virtual event or two in 2018. Cybersecurity will continue to be an Association focus. Free IB/CTA membership continues until September. Thanks for your participation. With your support, NIBA will continue to provide the education and information necessary to help IBs and CTAs offer their clients great service, stay in compliance and grow your businesses. Best Wishes for a Happy, Healthy and Prosperous 2018, Melinda Melinda Schramm, Founder & Chairman NIBA

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