NFA Announces 2015 Nominations

(b) Petition Procedure.

"Nominations may be made for elected FCM and LTM; IB; CPO and CTA; and SD, MSP and RFED Director positions by:

(i) Petition signed by 50 or more NFA Members* in the category for which the nomination is made (i.e., FCM and LTM; SD, MSP and RFED; IB; and CPO and CTA); or

(ii) Petition submitted by any organization or association recognized by NFA as fairly representing the category (See (b)(i) above) for which the nomination is made.

Petitions shall be submitted in the manner specified in the Bylaws. No petition may nominate more than one candidate for the same position."

Article X, Section 3 of NFA's Articles of Incorporation similarly permits nominations for the Nominating Committee by petition.

NFA Bylaw 406 requires that each petition must identify the position to which the nomination pertains, and that all petitions must be received by the Secretary within 21 days of the date of this Notice. Therefore, if you wish to submit nominations by petition, please make sure that such petitions are received by the Secretary of NFA on or before November 24, 2015. Petitions received after that date will not be considered.

Petitions may be submitted by mail, email or fax for receipt no later than November 24, 2015 to:

If you have any questions, please contact Thomas Sexton at (312) 781-1413.

*Section 2 of Article VI of the Articles of Incorporation provides that for purposes of signing nomination petitions, a Member will be deemed to be a Member "only in that single category to which its business activities primarily relate.">

NOMINEES FOR NFA BOARD OF DIRECTORS

FCM — As of the Board's regular Annual Meeting on February 18, 2016, FCM representation on the Board will be reduced from 7 Directors to 5 Directors. Of the five (5) open positions in the FCM category, at least two (2) representatives must be affiliated with a top-ten FCM and at least two (2) must be representatives of FCMs and LTMs that are not affiliated with a top-ten FCM based on the total amount of segregated funds and secured amounts as of June 30 preceding the election. The nominees are:

Top Ten FCMs

Non-Top Ten FCMs

IB — IB representation on the Board has not been reduced. This year there are two (2) open Director positions in the IB category. One (1) open position must be filled by an IB representative required to maintain minimum adjusted net capital. The other one (1) open position must be filled by an IB representative not required to maintain minimum adjusted net capital. The nominees are:

CPO/CTA — As of the Board's regular Annual Meeting on February 18, 2016, the CPO/CTA representation on the Board will be reduced from 5 Directors to 4 Directors. There are four (4) open positions in the CPO/CTA category of which at least one (1) representative must rank within the top 5% and at least one (1) representative must rank within the top 10% of CPOs or CTAs reporting any funds under management allocated to futures and swaps on NFA Form PQR and NFA Form PR as of June 30 preceding the election.

The Nominating Committee selected one nominee for the position to be filled by a CPO or CTA ranked in at least the top 5%. The nominee is:

The Nominating Committee selected one nominee for the position to be filled by a CPO or CTA ranked in at least the top 10%. The nominee is:

The Nominating Committee selected one nominee for an at-large position that may be filled with an individual drawn from a top 5%, top 10% or non-top 5% or 10% CPO or CTA. The nominee is:

The Nominating Committee selected two nominees for an at-large position creating a contested election. This at-large position may be filled with an individual drawn from a top 5%, top 10% or non-top 5% or 10% CPO or CTA. This position is for a 2 year term. The nominees for this contested election are:

SD/MSP/RFED — As of the Board's regular Annual Meeting on February 18, 2016, the SD/MSP/RFED representation on the Board will be reduced from 7 Directors to 5 Directors. Of the five (5) open positions in the SD/MSP/RFED category, at least two (2) must be representatives of SDs that are large financial institutions and at least two (2) must be representatives of SDs, MSPs or RFEDs that are not large financial institutions as of June 30 preceding the election. The nominees are:

Large Financial Institutions

Non-Large Financial Institutions

NOMINEES FOR 2016 NOMINATING COMMITTEE

FCM — There is one (1) open position on the 2016 FCM Nominating Subcommittee. The nominee is:

IB — There is one (1) open position on the 2016 IB Nominating Subcommittee. The nominee is:

CPO/CTA — There is one (1) open position on the 2016 CPO/CTA Nominating Subcommittee. The nominee is:

SD/MSP/RFED — There is one (1) open position on the 2016 SD/MSP/RFED Nominating Subcommittee. The nominee is: