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Comment for Proposed Rule 75 FR 3281

  • From:
    Organization(s):
    AJMC National International Monetary Fund LLC

    Comment No: 6847
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06847
    From:
    Sent:
    To:
    Subject:
    AJMC NATIONAL/ INTERNATIONAL MONETARY FUND LLC.
    Friday, March 12, 2010 4:54 PM
    secretary
    Proposed New Regulations Concerning Retail Foreign Currency Transactions... Thank You
    Respectfully Yours AJMC...
    GOOD DAY...I HOPE ALL IS WELL WITH YOU AND YOURS... MR. PRESIDENT, MR VICE PRESIDENT, U.S. TREASURY,
    U.S. DEPARTMENT OF JUSTICE, SENATORS, GENERAL, & MR. BERNANKE ..... GOD BLESS AMERICA... THANK YOU
    RESPECTFULLY YOURS ARTHUR J.M. CHARTIER. FOUNDER
    WWW.AJMC-NATIONAL-INTERNATIONAL-MONETARY-
    FUND-LLC.INFO
    ...
    ANY ASSISTANCE IS GREATLY APPRECIATED ...
    Good day all at the CFTC, may I start off by that all the while the both of us know that there are no guaranteed
    stops.., a vital tool within a quality trade plan...
    It has been some time from when we had spoken last... I had first come to you for approval in my objectives in
    the stabilization of the national economic infrastructure in full compliance with the FCM that is used MB TRADING
    FUTURES INC NFA ID: 0315389
    to provide managed spot forex account services for the nations people in their recessionary circumstances ....
    The
    objectives that I had previously stated to the former President of the United States and the current President of MB
    Trading... resulting in Bill H.R.5140 etc. and the development of the M.A.T. Management Account Tool allowing the
    ability to trade for more than one account at a time resulting in Barron's 2008 technological advancements award.
    Thus far our collective efforts have provided the foundation in my original efforts of stabilization of the national /
    global economic infrastructure. These results have been proven...
    WWW.AJMC-NATIONAL-INTERNATIONAL-
    MONETARY-FUND-LLC.INFO
    with proper risk to reward ratios and without over leveraging the account, realistic stop
    Ioss's and profit targets, as respect of leverage is the key .... with great reward comes great responsibility dually
    noted by accredited and quality investor economic status. The previous regulations had allowed for a much needed
    light of hope for the American people and potentially with compliance the people of the worlds nations. Potentially
    resulting in the alleviation of poverty, hunger, and enabling the much needed financial resource for technological
    advancement in the preservation of life around the world.
    ... I have the skills the education, dedication, discipline, and the drive to do that very thing.., as I can tell you all
    the while knowing that 8 positive trades out of 10 trades with a 1:1.5 risk to reward ration produces net gains.., net
    gains increases national liquidity.., after all this is what we are trying to accomplish... I look forward to complying
    with required registrations and series testing as I have just inquired about an aggressive educational regiment to
    maintain my services to this great nation. Many of us have had the opportunity to have learned from the very best
    in the industry and this I pride myself upon by the successful undertaking and completion of my previously
    mentioned goals.
    Due understand the change in leverage is the underlining factor of this opposition in your decisions. You are the
    governing agency and I agree to your decisions in protecting the consumer. Could we possibly come to some
    mutual agreement on this one fact. Could the possible consideration be put upon the table to penalize margin calls,
    for misuse in the area of leverage.
    Example: 1 margin call in a week penalty:l week 10:1 leverage, 3 margin calls in one month penalty: 1 month
    10:1 leverage, three one month penalties within one year penalty 1 year 10:1 leverage...
    Not taking it personally... I know that the implementations to the current bill are in fact due to what has resulted in
    the foundation and restructuriztion of national / global economic stabilization, and part in fact of other hedge funds
    that have not been monitored with much scrutiny resulting in fraud and great loss for many clients, but these
    actions should not be made accountable by all. Their are people that are trying to provide a better future for their
    fellow Americans and visitors from abroad. Weather it is or is not your intention to increase required account
    balances for the consumers protection or not please consider the ramifications in the global markets if retail traders
    and account holders within the United States and countries abroad decide that the risk of increased volatility and the
    increased account exposure requirements may not be worth the effort nor the reward... , with the requirement of
    larger account balances to maintain these positions the account has the greater ability to become subject to greater
    market liquidation.., an FCM will provide a margin call and if not met will immediately close all positions to cover thei0-001
    COMMENT
    CL-06847
    market exposure... Leverage is an important and very helpful tool when the risk is measured and managed properly.
    Only a trader knows what amount of risk they are comfortable with and how to manage that risk, not CFTC or any
    other governing body...
    Notably adding, the addition to a the previous "Farm Bill" containing all NFA requirements for other trade avenues
    should undoubtedly ensure it's passing into law... If I may request due to the sudden seriousness of the matter and
    having taken the brunt of your decisions as a major impact to my clients and their financial futures as nations,
    would their be any type of grace period to re-comply to the potentially current regulations as compliance is and has
    always been a major objective of nation financial security and stabilization... I and my clients patiently await your
    decisions.
    I look forward to my series testings and registration with the NFA... Thank you for you time and consideration of
    my concerns for the nations people and the over all internal structure of the global markets via Regulation of Off-
    Exchange Retail Foreign Exchange Transactions and Intermediaries; respectfully yours Mr. Arthur J. M. Chartier
    Founder AJMC National / International Monetary Fund LLC ....
    *as over the fast few weeks I have been able to up date my requirement informations and in the event potential
    obsticals which may not be over come... I have decided to entertain the thought of a 501c3. acquiring the a trader
    with a series 3 as a minimum whom would donate their time and expetise for the stabilization ofthis great nation
    and potentially the nations of the world, to enter and exit as well as place my specific stop losses and profit targets
    with the utmost percission. Stabilization of the global economic infrastructure with technological advancements for
    the preservation of life is what we do... Thank you for time, respectfully yours Mr.Arthur J. M. Chartier, Founder
    AJMC...--
    WWW.AJ MC- NATIONAL-INTERNATIONAL- MON ETARY- FU N D- LLC.IN FO
    "PROVIDING ASSISTANCE IN SPECIFIC AREAS OF THE NATION TO ESTABLISH STRENGTH FROM WITHIN"
    In these times of economic uncertainty the United States Government, The Federal Reserve, A.J.M.C. National /
    International Monetary Fund IIc. and their collective global partners tirelessly strive to provide and secure a better
    more prosperous future the for American people and the nations around the world.
    "OUR FOCUS IS STABILIZATION OF THE GLOBAL ECONOMIC INFRASTRUCTURE WITH TECHNOLOGICAL
    ADVANCEMENT FOR THE PRESERVATION OF LIFE" AJMC
    "Calculations of risk are future nations" AJMC...
    Arthur J. M. Chartier, Founder AJMC
    MANAGED SPOT FOREX ACCOUNTS ACTIVATION: $400.00 MINIMUM (ask about matching funds capabilities for
    minimum if required)
    "5 STEPS TO ACCOUNT ACTIVATION"
    1.
    Click, MB Trading link
    2. Click, OPEN NEW ACCOUNT
    3. WAIT FOR ACCOUNT APPROVAL
    4.Click (MISC. DOCUMENTS) MANAGED ACCOUNT AUTHORIZATION FORM (MONEY
    MANAGER MR.ARTHUR J.CHARTIER AND ACCOUNT HOLDER FILL OUT AND SUBMIT
    MANAGED ACCOUNT AUTHORIZATION FORM
    5. SUBMIT FORM to
    [email protected]
    TO ALLOW ACCOUNT TO BE TRADED
    WWW.AJ MC- NATIONAL-INTERNATIONAL- MON ETARY- FU N D- LLC.IN FO
    *$2,400.00 annual donation accepted for The Arthur James Michael
    Chartier Foundation Of Global Development/Thank You...
    *Donation can be acquired at a later date due to economic
    crisis as previously stated to the 43rd President of the United
    States*io-ooi
    COMMENT
    CL-06847
    Thank you respectfully yours AJMC
    *Trading in off exchange foreign currency (forex) is speculative in nature and not appropriate for all investors.
    Investors should only use risk capital when trading forex because there is always the risk of substantial loss. See
    Risk Disclosure