About NFA
NFA is the industrywide SRO for the U.S. derivatives industry. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities. As of June 30, 2025, NFA had 512 employees.
NFA LEADERSHIP
Thomas W. Sexton, III President and CEO
Edward J. Dasso, III Senior Vice President, Market Regulation
David L. Hawrysz Senior Vice President, CFO and Treasurer
Dale Spoljaric Vice President, Capital and Exams
Tim Elliott Vice President, General Counsel and Secretary
Kathleen Clapper Head of Member Compliance and Regulatory Operations
32 NFA 2025 ANNUAL REVIEW
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