Resignation Letter of Independent Auditor Arthur F. Bell, Jr. & Associates, L.L.C. to SEC Regarding Futures Portfolio Fund, L.P.
Summary
Arthur F. Bell, Jr. & Associates, L.L.C., the former independent auditor for Futures Portfolio Fund, Limited Partnership, notified the SEC of their resignation effective August 18, 2005. The letter confirms their agreement with statements made by the Fund in a recent SEC filing, except for a statement about the audit committee's search for a new auditor, on which they express no opinion. This document serves as formal notice of the auditor's resignation and their position regarding the Fund's public disclosures.
EX-1.1 2 efc5-1793_exhibit11.txt Exhibit 1.1 August 23, 2005 Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549 Commissioners, We were previously the independent registered public accounting firm for Futures Portfolio Fund, Limited Partnership and, under date of February 11, 2005, we reported on the financial statements of Futures Portfolio Fund, Limited Partnership as of and for the years ended December 31, 2004 and 2003. On August 18, 2005, we resigned. We have read Futures Portfolio Fund, Limited Partnership's statements included under Item 4 of its Form 8-K dated August 23, 2005, and we agree with such statements, except that we are not in a position to agree or disagree with the statement contained in Paragraph 4 stating "The audit committee of Steben & Company, Inc., as General Partner of Futures Portfolio Fund, Limited Partnership, ... has commenced an immediate search for a new independent registered public accounting firm." Very truly yours, /s/ Arthur F. Bell, Jr. & Associates, L.L.C. Arthur F. Bell, Jr. & Associates, L.L.C.
