NFA Annual Meeting Review

Dear Members: I attended the NFA Annual Meeting today. As usual, there were more NFA employees than NFA members attending. The meeting lasted about 30-minutes and was very focused on issues surrounding the MF Global failure and crisis. Dan Roth, NFA President listed NFA actions by breaking them into three categories: 1. Things that the NFA might be able to do differently in co-operation with other SROs. 2. Things that the NFA can do differently by changing their own rules. 3. Things that are outside the authority of the NFA, but might be done differently if the industry makes the…

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