Jan 23

Critic re-elected to US futures industry regulator’s board


A critic of the US National Futures Association won re-election to its board, the industry regulator said on Friday, setting the stage for more tension over its practices.

James Koutoulas, chief executive of Typhon Capital Management, was re-elected as a director after accusing the NFA of breaking its own rules for nominating public representatives last year and of falsifying documents to cover up alleged wrongdoing.