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June/July 2009 Futures Industry Treasury Futures in the New Era of Treasury Debt By Mark Rzepczynski The Many Flavors of OTC Clearing By Will Acworth and Joanne Morrison Collateral Damage: U.S. Options Markets Take Issue With SEC Short Sale Proposal By Niamh Ring FIA Futures Hall of Fame By Laurence Davison	President's Message By John Damgard News Briefs Washington Watch By Will Acworth The Inbox Product Profile By Darrell Delamaide Prominent People