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7 COMFORTING REASONS FOR CUSTOMERS TO MAINTAIN THEIR FUNDS WITH VISION 1. Strong Capitalization As of January 31, 2002, Vision maintained minimum adjusted net capital, comfortably in excess of the minimum required under CFTC regulations. This demonstrates Vision's commitment to capitalization well in excess of regulatory requirements. 2. Excess Segregation Vision, as of January 31, 2002, maintained over $7,000,000 of regulatory capital in segregation ("excess segregation") for added customer protection. Furthermore, Vision as an FCM and CPO controls customer segregated funds of over $115,000,000. 3. Substantial Investment of Principals Vision's Chairman and President have personally committed over $3,000,000 in Vision for its regulatory capitalization. 4. Intensively Regulated Vision's direct regulator (its "DSRO") is the National Futures Association ("NFA"). Although Vision is not an exchange member, it must meet identical CFTC capital requirements as does an exchange member FCM. Furthermore, due to stringent surveillance, the NFA requires non-exchange member FCMs, such as Vision, to report to the NFA certain financial data each business day before 12:00 PM. 5. Quality Review Each month, Vision's financials are reviewed by Alan Lash, CPA, an industry consultant and expert in CFTC financial and accounting requirements. Previously, Alan Lash was the Manager of the NFA's New York office. 6. Leading Provider of IB Services With over 100 IBs, Vision is one of the largest FCM providers of IB execution and clearing services. 7. All Vision's personnel are trained professionals and dedicated to providing the high quality, eager-to-please customer service. February 2002 |
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