Dear Members -
On April 18, 2012 you will have the opportunity to ask the CFTC what went wrong at MF Global. We are honored to have Commissioner Jill Sommers speaking to our membership at our annual spring conference. She is the Senior Commissioner with respect to MF Global matter and, as such, Ms. Sommers has testified before both U.S. House of Representatives and Senate committees. Her responsibilities in that matter include exercising executive and administrative authority of the commission in:
- The pending enforcement investigation
- The pending bankruptcy actions of both the MFG BD/FCM and the parent company
- Other actions to recover customer funds and determine reason for the shortfalls in customer funds
In addition to Ms. Sommers’ session, the April 18 meeting will feature a discussion on:
- The pros and cons of cash v. exchange-traded forex
- How to evaluate the risk of doing business with your FCM
- A client-driven update from Telvent DTN
- Our semi-annual legal review including CFTC and NFA actions and proposals
NIBA is proud to invite members to our conference free of charge. Just make sure your membership is current, then choose the ‘NIBA Member’ category on the registration form. Be sure to register by April 13 to avoid the $25 late fee.
Best Regards,
Melinda
