...r u sure L Williams' results r falsified? i used to buy all his books & take his words seriously ---------------------------------------------------------------------- Dear Sir Contact SEC ... And you would receive opinion ,which is matter direct from first source . Make not the error ,not believe to any book . Not forget for 100 books ,which propaganded "..How beat the street" ," How made x millions ..." & exist only one with name "How i losed 1 mln $ ..." Matter of the facts that by retail sector ,which readed this books 90% of accounts with loss after 1 year. Average life expectance by retail forex account -45 days. Your respectfully
Larry Williams did not falsify his records. "ssss" claims falsification but when asked confirmation for his claim, he directs us to the SEC, he doesn't even have any evidence himself, another "elite joker"
Counterparty Larry 'Williams point of view (not the SEC and not CFTC ) No. 2 WILLIAMS BLEW UP, TRADING A FUND IN 1987! There is some truth here. In 1986, 87 and 88 I managed a substantial amount of money. A significant number of the people came out way a head. Most notably Susan B. Kringle, who had opened her trading account with $60,000 and walked away with approximate $540,000. She then sued me claiming she should have made $63 million. Many people, and I mean many, made a substantial amount of money with my trading during that time. As new money in and the crash or 87 developed, I lost money for investors. No doubt about that, it happened. People were not blown out though. . . as I recall the worst damage done was about 40 percent decline in a few of the individual trading accounts. The NFA brought an action against me at that time, which I believe was highly politically motivated. After all I had just run from the floor, and was selected by my fellow commodity trading advisers against their hand picked "boy". From day one, I knew this was not a good thing to have done... at my first NFA meeting was only one not to have a nameplate at the table for we sat, repeatedly from the head of the NFA would not acknowledge me or shake my hand. The message was pretty clear, eventually they brought an action against me. Eventually I settled, neither admitting nor denying their charges and paid a $12,000 fine. In light of the hundreds of thousands of dollars the NFA has fined other people, notably brokers and trading advisors, this was not even a slap on the wrist. http://www.adest.com.au/larry-williams/larry-williams-critics.htm
http://www.smh.com.au/news/business/celebrity-market-guru-arrested/2006/05/22/1148150168500.html Celebrity market guru arrested Email Print Normal font Large font May 22, 2006 - 5:24PM Williams ... prolific on the net. Advertisement Advertisement An American futures trading guru and promotional speaker who promises to show people how to "beat the share market'' has been arrested in Sydney for alleged tax evasion. Larry Richard Williams, 64, had just arrived on a Qantas flight from South Africa on Saturday when he was escorted from Sydney Airport by Australian Federal Police. The US Internal Revenue Service is seeking his extradition for $US1.5 million ($A1.99 million) in alleged tax evasion between 1999 and 2001. The Virgin Islands resident is alleged to have "wilfully and affirmatively'' attempted to evade paying taxes on royalties from his 10 books and earnings from the international speaking circuit. Williams, who has twice run for the US Senate in the state of Montana, boasts he is "the only futures trader in the world to repeatedly trade $1 million of his own money live at seminars around the globe''. He has written 10 books - nine on futures and stock trading and one on the true whereabouts of Mount Sinai. He was due to begin a month-long speaking tour of New Zealand and Australia in Wellington today, and had flown into Sydney at the weekend to fulfil media commitments. But instead he appeared today before Central Local Court, where defence lawyer Chris Watson described Williams as a well-known business identity who drew audiences of thousands to his workshops. "He came to Australia for the purpose of being interviewed by the Australian Financial Review, and he certainly hasn't been making any secret of his whereabouts,'' Mr Watson said. In the past few months, Williams had conducted seminars in Germany, India, South Africa and, most recently, Italy, where he addressed 3,000 people in three days. Promoter David Hunt, whose company Adest was sponsoring Williams' tour, said he had taken $175,000 in deposits from seminar-goers from Hong Kong, Singapore, the US, Canada, Japan and Australia. Mr Hunt told the court he was already $53,000 out of pocket, and that would balloon to $99,000 if Williams could not meet his speaking engagements. He offered $100,000 in bail and said Williams' partner, Louise Stapleton, could also offer a substantial security. Mr Watson said Williams' US lawyers had been in discussions and negotiations with the IRS over the issue for more than a year, and his Sydney arrest had come as a surprise. ''(His US lawyers) are of the view that Mr Williams was the victim of bad advice,'' he said. "There's certainly no suggestion of anything untoward.'' Mr Watson urged Magistrate Allan Moore to grant Williams bail so that he may meet his speaking commitments while the US considered extradition action. The commonwealth opposed bail on the grounds Williams was a flight risk, with many associations in overseas jurisdictions. Mr Moore indicated he was disposed to grant bail, but stood the matter over until tomorrow to allow further evidence to be gathered from US authorities. AAP
Williams, who has twice run for the US Senate in the state of Montana, http://www.usdoj.gov/osg/briefs/1996/w97601w.txt No. 97-601 IN THE SUPREME COURT OF THE UNITED STATES OCTOBER TERM, 1996 FEDERAL ELECTION COMMISSION, PETITIONER v. LARRY R. WILLIAMS ON PETITION FOR A WRIT OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE FIFTH CIRCUIT PETITION FOR A WRIT OF CERTIORARI
ssssss... you are an idiot, and a late year to the party. P.S.: Can we go back to the How to make a million? topic?
Ssss, In all your postings not one word regarding the supposed falsification, please, continue reading your gossip paper
http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0002738&case=88BCC00035&contrib=NFA ON AUGUST 10, 1988, THE WESTERN REGIONAL BUSINESS CONDUCT COMMITTEE ("WESTERN COMMITTEE") ISSUED A COMPLAINT AGAINST LARRY R. WILLIAMS ("WILLIAMS"). THE COMPLAINT ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULE 2-13 BY USING DECEPTIVE DISCLOSURE DOCUMENTS AND BY FAILING TO MAINTAIN COPIES OF DISCLOSURE DOCUMENTS. THE COMPLAINT ALSO ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULES 2-29(B)(1), 2-29(B)(2) AND 2-29(B)(3) BY USING DECEPTIVE AND UNBALANCED PROMOTIONAL MATERIAL. FINALLY, THE COMPLAINT ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULE 2-9 BY FAILING TO SUPERVISE HIS AGENTS' USE OF PROMOTIONAL MATERIAL AND NFA COMPLIANCE RULE 2-29(E) BY FAILING TO MAINTAIN COPIES OF PROMOTIONAL MATERIAL.
Ssss, Instead of posting part of the story,I will post everything General Case Narrative COMPLAINT: ON AUGUST 10, 1988, THE WESTERN REGIONAL BUSINESS CONDUCT COMMITTEE ("WESTERN COMMITTEE") ISSUED A COMPLAINT AGAINST LARRY R. WILLIAMS ("WILLIAMS"). THE COMPLAINT ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULE 2-13 BY USING DECEPTIVE DISCLOSURE DOCUMENTS AND BY FAILING TO MAINTAIN COPIES OF DISCLOSURE DOCUMENTS. THE COMPLAINT ALSO ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULES 2-29(B)(1), 2-29(B)(2) AND 2-29(B)(3) BY USING DECEPTIVE AND UNBALANCED PROMOTIONAL MATERIAL. FINALLY, THE COMPLAINT ALLEGED THAT WILLIAMS VIOLATED NFA COMPLIANCE RULE 2-9 BY FAILING TO SUPERVISE HIS AGENTS' USE OF PROMOTIONAL MATERIAL AND NFA COMPLIANCE RULE 2-29(E) BY FAILING TO MAINTAIN COPIES OF PROMOTIONAL MATERIAL. ANSWER: ON SEPTEMBER 26, 1988, WILLIAMS SUBMITTED AN ANSWER IN WHICH HE DENIED THE MATERIAL ALLEGATIONS CONTAINED IN THE COM- PLAINT. WILLIAMS ALSO SUBMITTED MOTIONS TO DISMISS THE COMPLAINT. WILLIAMS REQUESTED A HEARING BEFORE THE WESTERN COMMITTEE. DECISION: ON DECEMBER 19, 1989, THE WESTERN COMMITTEE ISSUED A DECISION AFTER A HEARING WAS HELD ON SEPTEMBER 11 - 12, 1989. THE WESTERN COMMITTEE FOUND IN WILLIAMS'S FAVOR ON A NUMBER OF ISSUES. THE WESTERN COMMITTEE ALSO FOUND THAT WILLIAMS VIOLATED NFA COMPLIANCE RULES 2-13 AND 2-29(E) AND THAT WILLIAMS VIOLATED NFA COMPLIANCE RULES 2-29(B)(1), (2) AND (3) AND THAT SUCH VIOLATIONS CONSTITUTE CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF THE TRADE. THE WESTERN COMMITTEE DECISION ORDERED WILLIAMS TO PAY A $35,000 FINE AND DIRECTED WILLIAMS, FOR A PERIOD OF TWO YEARS, TO SUBMIT TO NFA COPIES OF ALL OF HIS PROMOTIONAL MATERIAL AT LEAST TWO WEEKS PRIOR TO ITS USE. THE DECISION ALSO PROHIBITED WILLIAMS FROM USING ANY PROMOTIONAL MATERIAL OF WHICH NFA HAD DISAPPROVED. APPEAL: ON JANUARY 2, 1990, WILLIAMS APPEALED THE WESTERN COMMITTEE'S DECISION AND FILED A MOTION TO DISMISS THE COMPLAINT. THE PENALTY AGAINST HIM WAS STAYED PENDING REVIEW OF THE CASE BY THE APPEALS COMMITTEE. DECISION: ON JUNE 8, 1990, NFA'S APPEALS COMMITTEE ISSUED A DECISION IN WHICH IT ACCEPTED THE SETTLEMENT TERMS NEGOTIATED BETWEEN NFA AND WILLIAMS. THE APPEALS COMMITTEE MADE NO FINDINGS AND IMPOSED A $13,000 FINE UPON WILLIAMS. Conclusion ; The appeals committee made NO FINDINGS , he just had to pay 13K fine. END OF STORY ! NO FALSIFICATION, like you claimed, I suggest you improve your english so there is less room for fantasy