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Jul 8, 2009

[FWD: NFA permanently bars Florida introducing broker, Vanguard Trading Group]

 
 
 
Fernando Guzmán Cavero
 
 
 
 
Dirección: Ricardo Tizón y Bueno 458
Lima 11 - Perú
Teléfono / Telephone :(511) 261- 4058 / 9950-91241
 

 

-------- Original Message --------
Subject: NFA permanently bars Florida introducing broker, Vanguard
Trading Group
From: NFA Notification <NFAN@NFA.Futures.Org>
Date: Wed, July 08, 2009 2:32 pm
To: "'fernandoguzman@contratosforex.info'"
<fernandoguzman@contratosforex.info>

For Immediate Release

For More Information Contact:
Larry Dyekman (312) 781-1372, ldyekman@nfa.futures.org
Karen Wuertz (312) 781-1335, kwuertz@nfa.futures.org

NFA permanently bars Florida introducing broker, Vanguard Trading Group

July 8, Chicago - National Futures Association has permanently barred from NFA membership Vanguard Trading Group(Vanguard), an Introducing Broker located in Pembroke Pines, Florida. NFA also barred Giovan R. Gordon, president and associated person of Vanguard, from NFA membership for a period of 30 months and ordered him to pay a fine of $10,000 if, after the thirty-month membership bar, he reapplies for NFA membership or associate membership, or becomes a principal of an NFA Member. The Decision, issued by an NFA Hearing Panel, is based on an NFA Complaint filed in December 2008 and a settlement offer submitted by Vanguard and Gordon.

The Panel found that Vanguard and Gordon had failed to cooperate with NFA by not providing all of Gordon's personal bank records per NFA's request to determine if Gordon or another individual had provided the initial capital for the firm.

The complete text of the Complaint and Decisioncan be found on NFA's website (www.nfa.futures.org)

NFA is the premier independent provider of innovative and efficient regulatory programs that safeguard the integrity of the futures markets.


You are receiving this message because you subscribed to the email subscription list on NFA's Website. To cancel or change your subscription at any time, visit the Email Subscriptions page on our Website at www.nfa.futures.org/news/subscribe.asp.

ADAM HEWISON: "The dow begins to look extremely heavy"

In this video that Adam Hewison sends us,in which he analyses the dow, and explains us the formation of the trend and, by using the Fibonacci method, the potential direction and the course that the the Dow jones Industrial average might take.



You will get the insights of how to analyze the Dow. This is very important, as Adam points out : " The Dow begins to look extremely heavy". View it:


This video goes on my own,it is free to watch, and the most important : what you will get from this video??? The answer is : an increase of your knowledege. So Do not miss it!!!. View it :

http://www.ino.com/info/396/CD3233/&dp=0&l=0&campaignid=3





Fernando Guzmán Cavero


FGC BOLSA - FGC FINANCIAL MARKETS

Gata Dispatches:"GATA issues press release on letters to SEC and CFTC"

Submitted by cpowell on 08:46AM ET Wednesday, July 8, 2009. Section: Daily Dispatches GATA Urges SEC, CFTC to Investigate Goldman Sachs' Trading ProgramPress Releasevia Business WireWednesday, July 8, 2009http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&news...The Gold Anti-Trust Action Committee has urged the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission to investigate the computer trading program of Goldman Sachs Group Inc. that, according to a federal prosecutor, the bank acknowledges can be used to manipulate markets. GATA's complaint to the two commissions refers to a July 6 Bloomberg News story --http://www.bloomberg.com/apps/news?pid=20601087&sid=a_6d.tyNe1KQ -- reporting the arraignment in U.S. District Court in New York of a former Goldman Sachs employee accused of stealing the program. The prosecutor, Assistant U.S. Attorney Joseph Facciponti, was quoted as telling the court: "The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways." In its letters to the SEC and CFTC, GATA wrote: "The assistant U.S. attorney's comment can be construed to suggest Goldman Sachs considers its own manipulation of markets to be fair, while such manipulation by others would be unfair. The court proceeding described in the Bloomberg News story would seem to impugn all markets in which Goldman Sachs trades." GATA asked each commission "to investigate Goldman Sachs' trading program urgently and report its findings publicly." GATA is an educational and civil rights organization that seeks to restore free markets to the precious metals. The text of GATA's letters is appended.* * * GOLD ANTI-TRUST ACTION COMMITTEE INC.7 Villa Louisa Road, Manchester, Connecticut 06043-7541 July 7, 2009 Gary Gensler, ChairmanU.S. Commodity Futures Trading Commission3 Lafayette Centre1155 21st St., N.W.Washington, D.C. 20581 Mary L. Schapiro, ChairmanU.S. Securities and Exchange Commission100 F St. N.E.Washington, D.C. 20549 Dear Chairman Gensler / Dear Chairman Schapiro: I'm enclosing a copy of a report distributed July 6 by Bloomberg News Service about the U.S. government's prosecution of a former employee of Goldman Sachs Group Inc. involving the purported theft of a Goldman Sachs computer trading program. The report quotes Assistant U.S. Attorney Joseph Facciponti as saying in U.S. District Court in New York City: "The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways." If the report quotes the assistant U.S. attorney correctly, and if he was characterizing Goldman Sachs' position correctly, then Goldman Sachs claims to have possession of a computer trading program that can manipulate markets. The assistant U.S. attorney's comment can be construed to suggest Goldman Sachs considers its own manipulation of markets to be fair, while such manipulation by others would be unfair. The court proceeding described in the Bloomberg News story would seem to impugn all markets in which Goldman Sachs trades. On behalf of the Gold Anti-Trust Action Committee Inc., I ask your commission to investigate Goldman Sachs' trading program urgently and report its findings publicly. Thanks for your consideration. With good wishes. CHRIS POWELLSecretary/Treasurer
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