680 North Lake Shore Drive #419, Chicago IL 60611
2004-2013, Chief Operating Officer, Chief Compliance Officer,
Dorman Trading, LLC, Chicago IL
Responsible for: exchange and clearing applications and relations; trading platforms; systems and processes, including account opening, compliance monitoring and reporting; all compliance matters including but not limited to AML, position limits, high frequency trading, wash sales, Dodd Frank initiatives and registration issues; also managed regulatory inquiries, enforcement issues, litigation, and arbitrations.
2001-2004, Interest Rate Arbitrage Trader, Chicago Board of Trade, Chicago, IL
Conducted a pit versus electronic trading arbitrage in the interest rate complex.
2000-2001, Securities Trader, Chicago, IL
Traded stocks electronically, through the NASDQ SOES system, for my own account.
1984-1999, Trader and Broker, Marc Nagel Commodities, Chicago, IL
Traded commodity futures and futures options on the floor of the Chicago Board of Trade and acted as broker for institutional customers.
1977-present, Attorney at Law, Marc Nagel, Ltd, Chicago, IL
Practice devoted to matters involving tax and accounting, such as estates, commercial transactions and tax planning. Expert witness in domestic relations cases requiring the use of forensic accounting techniques and business valuations.
1971-1977, Staff Accountant, Lester Witte & Co. CPAs, Chicago, IL
Experience in all areas of accounting, including auditing, cost accounting, governmental accounting, management accounting, and income taxation.
Attorney at Law, 1977 – present
Admitted to: State of Illinois Supreme Court, April 29, 1977
U.S. District Court for the Northern District of Illinois, June 9, 1977
U.S. Tax Court, June 11, 1981
Floor Broker Registered- NFA # -194163
Bachelor of Science in Accountancy, University of Illinois, Urbana, IL -1971
Certified Public Accountant, University of Illinois, Urbana, IL- 1971
Juris Doctor, IIT/Chicago Kent College of Law, Chicago, IL-1977
Future and Derivatives Conference Advisory Board, IIT/Chicago Kent College of Law;
Organizer and Presenter at the Future and Derivatives ConferenceAn annual day long program for lawyers and compliance professionals.
Nominating Committee, National Futures Association
An elected position responsible for nominating candidates to the NFA Board of Directors, who will represent the F C M community.
Futures Commission Merchant Advisory Committee, National Futures Association
Responsible for reviewing proposed rules and advising the NFA Board of Directors.
Arbitrator, National Futures Association
Commodity Customer Coalition Advisory Board
An organization devoted to protecting the rights of commodity customers, particularly those customers impacted by the MFG bankruptcy.
CTA Expo Advisory Board
The CTA Expo is a quarterly program devoted to educating the managed futures Community.
The Medium Defines the Message: Social Media and Compliance Considerations
NIBA August 16, 2010
The application of NFA promotional material rules to the latest forms of social media.
OLD RULES-NEW INTERPRETATIONS: SPECULATIVE POSITION LIMITS
NIBA June 15, 2010
An explanation of the CFTC and CME approach to intraday limits and the potential for working orders to exceed the applicable limits.
MF GLOBAL BANKRUPTCY
CTA Expo November 30, 2011
Comments on the MF Global bankruptcy filing and advice for CTAs and CPOs that were affected.
FUTURES MAGAZINE December 19, 2011.
A chronology of the events and the consequences arising from the MF Global bankruptcy filing October 31, 2011.
THE BLAME GAME
FUTURES MAGAZINE February 21, 2012
An explanation of what is right and what is wrong with the futures industry with regards to the MF Global bankruptcy.
CTA EXPO June 6, 2012
The efforts by the various regulators to prevent another MF Global debacle.