Officers

First Row: John Cloud, Director, AIM, Houston; Natalie Eastveld, Director, Level Four Group; Tim Noakes, 2nd Vice President, Jefferies & Co.; Lou Matrone, President, SWS Securities; Dan Mele, Director; Mark Esposito, Director, Fulcrum Global Partners; Second Row: Bill Yancey, STA Governor; Stuart Berwick, Director, both SWS Securities; John Daley, Director, Jefferies & Co., all Dallas; Leon Lants, Director, Stephens Inc., Little Rock; Brian Wardle, Director, EDI Financial, Dallas; Rich Andrews, Director; Jones & Associates, Ft. Worth; Top Row: Bill Cummings,
1st Vice President, Level Four Group; Brit King, Director; Clint Turner, Treasurer, both SWS Securities, all Dallas.
Saturday Reception

Scott Mullins, Southwest Securities, Dallas; Fuji Bianchi, Hudson Securities, Jersey City; Saundra Hale, Southwest Securities, Dallas; Jon Hamel, guest, Jamie Vollaro, Hudson Securities, Jersey City.

Bob Clifford, Sanders Morris, Los Angeles; Morgan McMahon, JMP Securities, San Francisco; Bryant Saydah, Sanders Morris, Los A

Chris DeMaso, Primex Trading, Ed Coughlin, Bernard L. Madoff Investment Securities, both New York; Gerry Mastrianni, GMST World Markets, Orlando; Ben Modica, Merrill Lynch, Glen Shipway, Primex Trading, both New York.

Lisa Utasi, Smith Barney Asset Management, John Giesea, STA, Saundra Coughlin, Mogavero, Lee, all New York.

Russell Hildrith, Worthington Securities, Jim Mathis, First Southwest, both Dallas, Al Anderson, guest, Glen Shipway, Primex Trading, New York.

Joe Tama, Merrill Lynch, New York; Tim Noakes, Jefferies & Co., Dallas; Ed Keever, Merrill Lynch, New York.

Ron Dempsey, ATD, Chicago; Gregg Spiegelman, Moayad Naquib, Kevin Beedles, all Wedbush Morgan Securities, Los Angeles.
Reception

Bill Brough, Guest; Michelle Jackson, Senate Banking Committee, Washington D.C.; Michael Dorsey, Knight Trading Group, Jersey City.

Gregg Dudzinski, M.H. Meyerson, Jersey City; Cindy Heigman, Stifel Nicolaus, Denver; Lisa Utasi, Smith Barney Asset Mgmt. New York.

Jack Hughes, Janney Montgomery Scott, Philadelphia; Sue and Peter Driscoll, Northern Trust, Chicago.

John Giesea, President STA, New York; James Duncan, Canaccord Capital, Toronto; Congressman Edward Royce, (R-CA), California; Tom Gravina, Spear, Leeds & Kellogg Capital Markets, Jersey City; Michael McMurtrey, Bridge Trading, St. Louis.

Steve Bookbinder, Bloomberg Tradebook, New York; Josh Saltzman, Legislative Assistant, Washington D.C.; Dan Franks, Nasdaq, Trumbull.
Golf Tournament

Dan Brooks, Rich Barrett, both Merrill Lynch, Chicago; Kevin Tweedale, Instinet, Dan Purcell, Kevin Dann & Partners, both New York.

Tom Davidson, Smith Moore, St. Louis; Tom Wilbeck, Archipelago, Steve Pickett, Reuters, Clayton Moore, Instinet, all Chicago.

Tony Nichols, Holt Smith & Yates Advisors, Madison; Mike Glavin, William Blair, Chicago; Greg LeMasters, Stifel Nicholas, St. Louis.

Bruce Kos, Bank of America Securities, Chicago; Sharon Gannon, St. of Wisconsin Investment Board, Madison; Brad Pleimann, Banc of America Securities, San Fransisco; Al Mayoros, Morgan Stanley, Chicago.

Chris O’Hea, CSFB, Chicago; Dan Steffes, Robert W. Baird, Milwaukee; Steve Iskalis, Stifel Nicholas, Denver; Tim Fierce, Gerard Klaver Mattison, Chicago.

Klaus Offenbacher, First Analysis, Chicago; Brent Sullivan, Thomas Weisel, San Fransisco; Tom Cantwell, Cantor Fitzgerald, Chicago; Michael Castro, Thomas Weisel, San Fransisco.

Mary McDermott Holland, Franklin Portfolio Advisors, Boston; Joe Crisalli, LabRanche Financial; Sandra Coughlin, Mogavero Lee, both New York; Ron Segal, Soundview technology, Old Greenwich.

Chris O’Donnell, Mike Schuler, both KWS Associates, Chicago; Paul Kujawa, SWS Securities, Curt Kujawa, Robert W. Baird, both Milwaukee.

Roarke Siko, Archipelago, Mike Niehoff, Engleman Securities, Terry Brady, Weeden & Co., Larry Hill, Wave Securities, all Chicago.
Welcome Reception

Mike Noll, Great Midwest Financial, Brookfield; Jay Curtis, Merrill Lynch, Lisa Bosse, Primex Trading, both New York; Ed Keever, Merrill Lynch, Jersey City.

Jeff Kohl, Traders Magazine, Charlie Benedetti, CIBC World Markets, both New York; Kathy Wilke, Interstate Group, Charlotte; Steve Gruber, Robert W. Baird, Milwaukee; Ron Dempsey, Dempsey & Co., Chicago.

Drew Schenk, Bridge Trading, St. Louis; Kimberley Scmucher, Artisan Partners, Milwaukee; Kenney Gast, Bridge Trading, St. Louis.

Jay Curtis, Merrill Lynch, New York; Denise Christensen, Debbie Schmoker, both Robert W. Baird, Milwaukee; Brad Baxter, Dundee Securities, Toronto.

Dan Steffes, Robert W. Baird, Milwaukee; Sharon Gannon, State of Wisconsin Investment Board, Madison; Al Mayoros, Morgan Stanley, Chicago.

Stavros Ilipoulos, guest, Gloria Tagle, AG Edwards, St. Louis; Sue Rydz, Fiduciary Management, Milwaukee; Dennis Bailey, guest.

Paul Kujawa, SWS Securities, Milwaukee; Chris O’Donnell, KWS Associates, Pete Driscoll, Northern Trust, Stephen Pickett, Reuters, all Chicago.

Sandy Coughlin, Mogavero Lee, Theresa Ruglie, guest, Joe Crisalli, LaBranche Financial, all New York; Deborah Whitney, State Street Global Markets, Boston.

Bob Rugile, Jones & Associates, Aspen; Lee Bulleri, Hill Thompson Magid, Bob Jensen, Michael Houlihan, both Jefferies & Co., all Chicago.

Tom Opgenorth, Fred Kubiak, both Robert W. Baird, Milwaukee;
Greg LeMasters, Stifel Nicholas, St. Louis.