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NFA proposes streamlining board, voting rules

( June 26, 2015, 17:04 GMT | Official Statement) -- MLex Summary: The National Futures Association, the industry self-policing group, proposed reducing its board to 29 members from the 37 planned as of February 2016. It also proposed streamlining voting rules so that only a majority of the total board has to approve a proposal for it to pass, rather than a majority of each of several board categories. Final approval of the NFA proposal has to be given by the US Commodity Futures Trading Commission. See document below. ...

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