The Manager received a Bachelors of Business Administration from The University of Texas
at Austin in 1982. Since 1988, the Manager has been involved in the futures industry and
with futures trading on a full time basis. From June, 1988 to February, 1989, the Manager
worked for International Futures Strategists Inc., a registered IB, CTA and Commodity Pool Operator. The Manager was egistered as an AP of IFS from July, 1988 through February, 1989. He was registered as a Branch Office Manager of IFS from November, 1988 through February, 1989. While with IFS, the Manager evaluated the performance of various CTAs, raised and allocated client funds to be managed by a few chosen advisors. International Futures Strategists Inc. is no longer registered with the CFTC.
From February, 1989 through June, 1989, The Manager was affiliated with Kaiser Financial
Group, a registered IB, in a similar capacity. The Manager was registered as an AP and
a Branch Office Manager of Kaiser from April, 1989 through May, 1989. Kaiser Financial Group is no longer registered with the CFTC.
In June, 1989, the Manager became a guaranteed IB for Rosenthal Collins, a registered
Futures Commission Merchant. The Manager managed various systematic trend following CTAs for his clients’ accounts. In December 1990, the Manager terminated his relationship with Rosenthal Collins and withdrew his IB registration. In October, 1990, the Manager began trading his own account along with a small number of
various private accounts. Commencing in November 1991 and continuing through
December, 1992, the Manager devoted his time and energies principally to developing,
analyzing, testing, and refining trading strategies and methodologies. In November, 1992, the Manager became registered as a CTA for
the purpose of offering his trading services to the public. Beginning in November, 1992 the Manager operated as a sole proprietor under the name FF & CG Capital Management,
trading his own account and client accounts. In May, 1996, the Manager also registered FF
& CG Capital Management as an IB for the purpose of placing client funds with third
party CTAs. Since 1992, The Manager’s primary focus and specific area of expertise has been in model development of trend following systems, along with the execution of the same. The Manager was registered with the CFTC, as a listed principal of the Advisor, on July 27, 2010.
In May of 1993, the Manager was introduced to futures and commodity trading when he opened a managed futures account with FF&CG Capital Management, an Introducing Broker. The Manager began exploring, testing, and developing specific methodologies for trading futures and commodity contracts. After years of research, the Manager concluded that a systematic trend following diversified approach offered the most potential as opposed to the many other methodologies he researched and studied. From January 2002 to the present, The Manager has actively traded SWMI’s proprietary trading model in various private clients' accounts. The Manager's focus regarding trading method development has been directed to purely trading this program with no regard to any fundamental considerations. Additional focus, with regard to portfolio selection and time frame, has been directed to minimize drawdown while maintaining a smooth equity curve. The Manager's primary focus and specific area of expertise has been in model development of trend following systems, along with the execution of the same. The Manager became registered as an Associated Person of FF&CG Capital Management on February 14, 2005, and became registered as a Branch Manager of FF&CG Capital Management on October 31, 2005. His AP and Branch Manager registrations with FF&CG Capital Management were withdrawn on June 22, 2010. He has also been registered as a CTA since February 8, 2005, although no business was conducted under that name. Mr. Batla became an AP of SWMI on July 28, 2009. Mr. Batla was approved as the principal of SWMI on July 21, 2009.