In the coming year, the NIBA is adding two more ways to become a member.
First, we are actively expanding our membership to include CTAs. Originally organized as an association for Introducing Brokers, NIBA has been welcoming CTAs to share information and to membership meeting for several years.
In 2010, CTAs are invited to join the NIBA with full membership privileges including serving on the Board of Directors. Fees for both IB & CTA members are $150.00 per year.
Second, NIBA is also accepting membership of individuals registered in the futures and/or equities industry (APs/RRs). Individuals who hold a Series 3, 7 or 63 license AND whose sponsoring firm is NOT primarily registered as an IB or CTA, may join the NIBA for $75.00 per year.
John Jensen and Ralph Preston have begun the 2010 membership campaign. You can contact them directly at hwfi@pacbell.net.
The NIBA Board of Directors also welcomes the following newly elected members:
Rob Eisenberg, Longevity Research & Trading, Chicago, IL
Larry Geraghty, Arc Capital Management, Br. Office, Chicago, IL
Rich Strait, Strait, LLC, Miami, FL
Angelo Gibaldi, Triland USA, New York City (appointed)
At the Board of Directors meeting held in December the following actions were taken:
1) Board Officers elected:
President, John Jensen, Heritage West Financial, San Diego, CA
Vice President, Bucky Isaacson, Future Funding Consultants, Woodside, CA
Secretary, Larry Geraghty, Arc Capital Management, Branch Office – Chicago, IL
Treasurer, Buck Haworth, Born Capital Management, Chicago, IL
Bill Purpura, Frank Pusateri, David Fiala, Saso Vensovski and John DeMartino continue to serve as directors.
2) Dates for two membership meetings in 2010 were approved.
i) April 20 – CME Group Building, New York City
ii) November 2 – Embassy Suites Hotel, Chicago, IL
Both of these meetings will focus on marketing and sales. And both will be followed the next day (April 21 and November 3) by CTAEXPO.
Paid NIBA members can receive significant discounts to both the NIBA and CTAEXPO programs.
2010 promises to bring big changes to the futures industry. Regulatory "harmonization", further consolidation of trading firms and facilities and new products are three areas which will directly impact the lives and livelihoods of NIBA members. Join the association today and benefit from the education, networking and business opportunities that your membership includes.
See you in New York.
Melinda Schramm, Founder, Chairman
National Introducing Brokers Association
