Andrew Abraham

andy-0101 My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following. Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.

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If you are interested in contacting for speaking engagements. Please email me at or call 954 903 0638.

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Futures and commodity trading involve substantial risk. The evaluations of futures and commodities may fluctuate and as a result, clients may lose more than their original investment. In no event should the content of this website be construed as an express or an implied promise, guarantee or implication by, that you will profit, or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible, where projections of future conditions are attempted.



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Sunlight Reporting Group- MF Global pushed regulators to use client funds

I found this post. As of last year MF Global Dec 2010 pushed along with Newedge to allow regulators…yes regulators..the ones who should have protecting the integrity of the markets and client segregated accounts to co mingle accounts. This is from a Govt transparency group called Sunlight Reporting Group.

Your stomach will turn as mine has . One of the officials from the CFTC nowSteven Adamske was also a former Corzine staffer

MF Global pushed regulators to use client funds
By Nancy Watzman Nov 02 2011 1:52 p.m.
Late last year MF Global—the failed investment firm headed by Democratic heavyweight Jon S. Corzine that can’t account for as much as $900 million of its clients’ money–urged a federal agency to allow futures firms to invest funds from their customer segregated accounts in foreign sovereign debt.

In a December 2010 comment letter to the Commodities Future Trading Commission (CFTC), MF Global, along with another firm, Newedge, argued that the agency’s proposal to disallow such investments “is unnecessary, and will eliminate a liquid, secure, profitable and necessary category of investment….no foreign country that actually defaulted on its debt resulted in any [futures commission merchant] being unable to return funds to its customers upon request.”

MF Global filed for bankruptcy earlier this week after its exposure to the European debt crisis pushed it over the edge of solvency. The firm is also now the subject of investigations by several federal agencies, including the Federal Bureau of Investigation (FBI), which among other things are investigating whether or not the firm misused customer money.

In its proposed rule, the CFTC had noted “recent global financial volatility” caused the agency to reevaluate its policy of allowing certain investments in foreign sovereign debt. “The financial crisis has highlighted the fact that certain countries’ debt can exceed an acceptable level of risk.” The agency extended the comment period for this regulation through June and has not yet issued a final rule.

MF Global to CFTC: proposal to restrict investment in foreign sovereign debt is “unnecessary, and will eliminate a liquid, secure, profitable and necessary category of investment.”
MF Global’s comment letter is just one of numerous communications the firm had with federal agencies over implementation of the Dodd-Frank financial reform law, according to meeting logs maintained by federal agencies combined and posted on the Sunlight Foundation’s Dodd-Frank Meeting Log tracker. Corzine, a leading Wall Street fundraiser for President Barack Obama’s 2012 reelection campaign, met personally with agency staff on at least four occasions, one of those a conference call that included CFTC chairman Gary Gensler. Overall, MF Global staff, including Corzine, met with agency officials ten times, all but one of those meetings with the CFTC.

Among the topics discussed at these meetings were Dodd-Frank provisions on “segregation and bankruptcy,” which seek to protect customer funds in the event of a bankruptcy.

Corzine, a former Goldman Sachs CEO, spent $62 million of his own money to win election to the U.S. Senate from New Jersey. He resigned his seat to run for governor of New Jersey in 2005. In 2009, he lost his reelection bid to Republican Chris Christie, and became CEO of MF Global in 2010. While he is not registered as a lobbyist for the firm, the federal agency meeting logs show he personally was active in pressing the company’s interests before agencies.

A former Corzine staffer, Steven Adamske, currently serves as the CFTC public affairs director.

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