|
THE FOLLOWING STATEMENT MUST BE
READ AND AGREED UPON BEFORE ENTERING THE CTA SITE
CFTC RISK DISCLOSURE STATEMENT
THE RISK OF LOSS IN TRADING COMMODITIES
CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY
CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN
LIGHT OF YOUR FINANCIAL CONDITION.
THE HIGH DEGREE OF LEVERAGE THAT IS
OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST
YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO
LARGE LOSSES AS WELL AS GAINS.
IN SOME CASES, MANAGED COMMODITY
ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR
MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR
THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES TO MAKE
SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR
EXHAUSTION OF THEIR ASSETS. THE DISCLOSURE DOCUMENT
CONTAINS A COMPLETE DESCRIPTION OF THE PRINCIPAL RISK
FACTORS AND EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY
THE COMMODITY TRADING ADVISOR ("CTA").
THE REGULATIONS OF THE COMMODITY FUTURES
TRADING COMMISSION ("CFTC") REQUIRE THAT PROSPECTIVE
CUSTOMERS OF A CTA RECEIVE A DISCLOSURE DOCUMENT WHEN
THEY ARE SOLICITED TO ENTER INTO AN AGREEMENT WHEREBY
THE CTA WILL DIRECT OR GUIDE THE CLIENT'S COMMODITY
INTEREST TRADING AND THAT CERTAIN RISK FACTORS BE
HIGHLIGHTED. THIS DOCUMENT IS READILY ACCESSIBLE AT THIS
SITE. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL OF THE
RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY
MARKETS. THEREFORE, YOU SHOULD PROCEED DIRECTLY TO THE
DISCLOSURE DOCUMENT AND STUDY IT CAREFULLY TO DETERMINE
WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF
YOUR FINANCIAL CONDITION. YOU ARE ENCOURAGED TO ACCESS
THE DISCLOSURE DOCUMENT BY CLICKING THE LINKS PROVIDED
UNDER EACH OF THE RESPECTIVE CTAS. YOU WILL NOT INCUR
ANY ADDITIONAL CHARGES BY ACCESSING THE DISCLOSURE
DOCUMENT. YOU MAY ALSO REQUEST DELIVERY OF A HARD COPY
OF THE DISCLOSURE DOCUMENT, WHICH WILL ALSO BE PROVIDED
TO YOU AT NO ADDITIONAL COST. THE CFTC HAS NOT PASSED
UPON THE MERITS OF PARTICIPATING IN ANY OF THESE TRADING
PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF ANY OF THESE
DISCLOSURE DOCUMENTS.
OTHER DISCLOSURE STATEMENTS ARE REQUIRED
TO BE PROVIDED YOU BEFORE A COMMODITY ACCOUNT MAY BE
OPENED FOR YOU.
|
ADDITIONAL DISCLOSURE REQUIRED FOR
ADMINISTRATIVE FEES:
A COMPLETE DISCUSSION OF FEES
AND CHARGES ARE REPORTED IN THE CTA's DISCLOSURE
DOCUMENT. SPECIFICALLY, ONE SHOULD RECOGNIZE
THAT AN INTRODUCING BROKER MAY CHARGE A
FRONT-END START UP FEE OF UP TO 6% OF THE
INITIAL CONTRIBUTION. PLEASE NOTE THAT THIS
CHARGE IS NOT REFLECTED IN THE PERFORMANCE OF
THE COMMODITY TRADING ADVISOR AND COULD HAVE A
SIGNIFICANT IMPACT ON THE CUSTOMERS ABILITY TO
ACHIEVE SIMILAR RETURNS. |
I HAVE
READ AND UNDERSTOOD THE STATEMENT ABOVE AND WISH TO
PROCEED |
