The National Futures Association has revoked the registrations of Jeremy J. Grena, Nabil P. Niman, Nicholas P. Payne, William M. Rill and Alexander M. Silverman, former associated persons of Pioneer Commodities and Windsor Wealth Management, firms based in Boca Raton, Florida.

A designated subcommittee of NFA's membership committee issued the final orders revoking registration because the associated persons had misrepresented that English was not their primary language in order to receive additional time to complete the Series 3 examination, a proficiency exam all individuals registering to become an associated person must pass.

The subcommittee declined to revoke the registrations of Teresia A. Bactawar and Lusay A. Wooten. The subcommittee found that Wooten and Bactawar truthfully represented that English was not their primary language.

Pioneer, a former introducing broker member of the NFA, was permanently barred from NFA membership in August 2009 for its misrepresentations and failure to supervise its Series 3 training.

The final orders become effective on 1 April 2010.