The Board of Directors of National Futures Association (NFA) has elected Christopher K Hehmeyer, Non-Executive Chairman at Penson GHCO, to serve a one-year term as Chairman. The Board also elected Paul J Georgy, President of Allendale, Inc, to serve as Vice Chairman.

In addition, the Board re-elected the following individuals to serve two-year terms as public directors:

Ronald H Filler, Professor of Law and Director, of the Center on Financial Services Law at New York Law School;
Douglas E Harris, Managing Director, Promontory Financial Group LLC;
Michael H Moskow, Vice Chairman and Senior Fellow on the Global Economy, The Chicago Council on Global Affairs;
Todd E Petzel, Chief Investment Officer, Offit Capital Advisors LLC; and
Susan M Phillips, Former Chairman, Commodity Futures Trading Commission and former dean of the School of Business at George Washington University.

The Board also elected the following individuals to serve one-year terms on NFA's Executive Committee:

Bruce L Cleland, Campbell & Company, Inc;
George E Crapple, Millburn Ridgefield Corp;
Michael C Dawley, Goldman Sachs & Co;
Paul J Georgy, Allendale, Inc;
David S Goone, InterContinental Exchange, Inc;
Douglas E Harris, Promontory Financial Group LLC;
Charles P Nastro;
Todd E Petzel, Offit Capital Advisors LLC;
Susan M Phillips, Former Chairman, Commodity Futures Trading Commission and former dean of the School of Business at George Washington University;
John F Sandner, CME Group Inc.

Hehmeyer also serves on the Executive Committee and NFA's President Daniel Roth serves as an ex officio non-voting member of the Committee.

The following individuals were elected by their membership categories to serve two-year terms on the Board of Directors:

Futures Commission Merchants: Gerald F.Corcoran, Chief Executive Officer, RJ O'Brien & Associates, Inc; Scott A. Cordes, President, Country Hedging,Inc; and Michael C Dawley, Managing Director, Goldman Sachs & Co.

Introducing Brokers: Paul J Georgy, President, Allendale, Inc

Commodity Pool Operators and Commodity Trading Advisors: Douglas L Bry, President, Northfield Trading, and Ernest L Jaffarian, President and CEO, Efficient Capital Management, LLC.

A complete list of NFA's Board of Directors and its various committees can be found on NFA's website.