It further appearing to this Court that there is no just reason for delay, and the Court being fully advised in the premises, Wnukowski admits the following:

1. This Court has jurisdiction over Wnukowski and the subject matter of this action pursuant to Section 6c(a) of the Act, 7 U.S.C. � 13a-1(a) (1994).

2. Venue properly lies with this Court pursuant to Section 6c of the Act, 7 U.S.C. ��13a-1 (1994).

3. The Commission is an independent federal regulatory agency which is charged with the responsibility for administering and enforcing the provisions of the Act, 7 U.S.C. ���1 et seq. (1994), and the Regulations promulgated thereunder, 17 C.F.R. �� 1 et seq. (1998).

4. Wnukowski, who is 45 years old, resides at 5558 Maple Lane, Midlothian, Illinois 60445. Wnukowski has been registered with the Commission as a commodity trading advisor ("CTA") and as an associated person ("AP") of her CTA since March 13, 1998.

5. Commencing in at least January 1993 to the present, Wnukowski received, through McGivney and Koziol, the net sum of $168,920.48 from commodity pool investor funds.

6. Wnukowski does not have any legitimate entitlement, as an investor or otherwise, to receive the commodity pools' investors' funds.

IV.

ORDER FOR EQUITABLE RELIEF

IT IS ORDERED THAT:

1. DISGORGEMENT: Wnukowski is ordered to pay a judgment amount of one hundred and sixty eight thousand nine hundred and twenty-nine dollars and forty-eight cents ($168,920.48) in disgorgement ("Wnukowski Disgorgement Amount"), representing the amount Wnukowski was unjustifiably enriched from the pools' investors' funds. Wnukowski shall pay post-judgment interest from the date of this Order until the Wnukowski Disgorgement Amount is paid in full, at the Treasury Bill rate prevailing on the date of this Order, pursuant to 28 U.S.C. ��1961(a).

The persons to whom the Wnukowski Disgorgement Amount shall be paid are set forth in Appendices�A and B and shall be distributed to them on a pro rata basis relative to the amount of money that they are owed as restitution by McGivney.

2. DEFERRAL OF DISGORGEMENT OBLIGATION: For a period of three (3) years after the entry of the judgment against Wnukowski for payment of disgorgement, Wnukowski shall not be required to pay the disgorgement, based upon the accuracy and completion of her sworn representations to the Commission concerning her financial condition. After the expiration of three (3) years, the Commission is authorized to execute on any portion of the Wnukowski Disgorgement Amount that remains unpaid. If at any time following the entry of this Order, the Commission obtains information indicating that Wnukowski's representations concerning her financial condition were fraudulent, misleading, inaccurate or incomplete in any material respect at the time they were made, the Commission may, at its sole discretion and without prior notice to Wnukowski, petition the Court for an order requiring Wnukowski to immediately pay disgorgement. In connection with any such petition, the only issues shall be whether the financial information provided by Wnukowski was fraudulent, misleading, inaccurate or incomplete in any material respect at the time such representations were made. In any such petition, the Commission may move the Court to consider all available remedies, including, but not limited to, ordering Wnukowski to pay funds or assets, directing the forfeiture of any assets, or sanctions for contempt of this Order, and the Commission may also request additional discovery. Wnukowski may not, by way of defense to such petition, challenge the validity of her consent to this Consent Order, contest the allegations in the Complaint filed by the Commission or the Findings of Fact or Conclusions of Law contained in this Consent Order, or assert that immediate disgorgement should not be ordered.

3. CREDIT FOR RESTITUTION PAYMENTS BY McGIVNEY: Before the expiration of three (3) years from the date of this Order, any restitution payments made by McGivney in excess of $100,000 shall satisfy dollar-for-dollar the disgorgement obligation owed by Wnukowski.

4. THIRD-PARTY BENEFICIARIES: Pursuant to Rule 71 of the Federal Rules of Civil Procedure, each of the individuals identified in Appendices A and B are explicitly made an intended third-party beneficiary of this Order and, after a period of three years from the date of entry of this Order, may enforce obedience of this Order to obtain satisfaction of any portion of the Wnukowski Disgorgement Amount which has not been paid by Wnukowski, to ensure continued compliance with any provision of this Order and to hold Wnukowski in contempt for any past violations of any provision of this Order.

5. Neither Wnukowski, McGivney, M. McGivney or Koziol, nor any member of their immediate families are entitled to receive funds paid by Wnukowski as disgorgement which are distributed to any commodity pool investor listed on Appendices A and B.

6. COLLATERAL AGREEMENTS: Wnukowski shall immediately notify the Commission if she makes or has previously made any agreement with any Pool Investor obligating her to make payments outside of this Order. Wnukowski shall also provide immediate evidence of any payments made pursuant to such agreement in the manner required by Section V. paragraph A. Upon being notified of any payments made by Wnukowski to pool investors outside of this Order, the Commission will have the right to make any other changes in the restitution distribution schedule that they deem appropriate.

7. TRANSFER OF ASSETS: Wnukowski shall not transfer or cause others to transfer funds or other property to the custody, possession, or control of any members of her family or any other person for the purpose of concealing such funds from the Court, the Commission, or any investor or until the Wnukowski Disgorgement Amount has been paid in full.

V.

MISCELLANEOUS PROVISIONS

A. NOTICES. All notices required by any provision in this Order shall be sent by certified mail, return receipt requested, as follows:

The defendant must give notice to the Commission within 30 days of any change of her mailing address.

B. ENTIRE AGREEMENT, AMENDMENTS and SEVERABILITY. This Order incorporates all of the terms and conditions of the settlement among the parties. Nothing shall serve to amend or modify this Order in any respect whatsoever, unless: (1)�reduced to writing, (2)�signed by all parties, and (3)�approved by order of the Court. If any provision of this Order or the application of any provision or circumstance is held invalid, the remainder of this Order shall not be affected by the holding.

C. WAIVER. The failure of any party at any time or times to require performance of any provision hereof shall in no manner affect the right of such party at a later time to enforce the same or any other provision of this Consent Order. No waiver in one or more instances of the breach of any provision contained in this Order shall be deemed to be, or construed as, a further or continuing waiver of such breach or waiver of the breach of any other provision of this Order.

D. SUCCESSORS AND ASSIGNS. This Order shall inure to the benefit of and be binding on the parties' successors, assigns, heirs, beneficiaries and administrators.

E. ACKNOWLEDGMENT. Upon being served with copies of this Order after entry by the Court, Wnukowski shall sign an acknowledgment of such service and serve such acknowledgments on the Commission within seven (7) calendar days.

F. Upon being served with copies of this Order after entry by the Court, the Commission shall serve a copy of the Order upon all persons identified as investors in Appendices A and B, within seven (7) calendar days.

G. JURISDICTION. This Court shall retain jurisdiction of this cause to assure compliance with this Order and for all other purposes related to this action.

There being no just reason for delay, the Clerk of the Court is hereby directed to enter this Consent Order of Permanent Injunction and Other Equitable Relief Against Leslie Wnukowski.

ORDERED this 17th day of July, 2000.