Small CTAs getting squeezed out of representation at the NFA
At the upcoming 2015 NFA Board Elections, the nomination committee has decided to run giants Winton and AQR against local heroes James Koutoulas and John Roe of CCC fame. Where would former MF Global customers be without all of their efforts?
CTA/CPO representation would then be dominated by the largest firms in the industry, including Citadel, leaving firms with assets under management in the bottom 80% of CTA/CPO members without a voice.
Some of these top firms were only required to register in the last two years (due to changes in regulation) and their business bears no resemblence to 95% of NFA registered CTA/CPO firms.
Fellow CTA/CPO NFA Members, this may include you and we must try to avoid this outcome! Please join us for a conference call to discuss this position paper.
Monday December 15th, 2:00PM Central:
Dial conference #: 1-712-432-3100
Then, enter the conference code: 134556
Live webcast via Google broadcast, will be available at http://www.roecapital.com/
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