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Ms. Kenck joins CCX from Commerz Futures LLC, a futures commission merchant wholly owned by Commerzbank AG, where she served as its Chief Compliance Officer. She began her career in the Compliance Department of National Futures Association (NFA) where she spent almost fifteen years conducting audits and investigations of all types of members. While at NFA, Fran was very active in providing training to staff, industry participants and other foreign regulators interested in creating and developing futures markets and regulatory programs, such as the Singapore Exchange and the Korean Futures Exchange. Subsequent to her position with NFA, Ms. Kenck was Vice President of Investment Banking/Treasury Audit at ABN AMRO North America, and spent almost two years as an independent consultant providing regulatory and compliance consulting services to firms and individuals in the futures and securities industries, as well as providing litigation support on the Enron bankruptcy. Ms. Kenck holds a Bachelor of Business Administration in Accounting from the University of Michigan and a Master of Business Administration from the Kellogg School of Management at Northwestern University. | 