ZERO BALANCE ACCOUNT TRANSACTIONS
Welcome To
STANLEY HOWARD ENFRANCHISE INC. (SHEI) PECUNIARY LITERACY
Currency equivalents: highly liquid assets, like book entry short-term government securities readily converted into FRN’s.
YOU - FINANCIAL INSTITUTION
YOU - FINANCIAL INSTITUTION
YOU - FINANCIAL INSTITUTION
YOU - THE FINANCIAL INSTITUTION ACT AS
THE M1 MONEY SUPPLY!
A medium of exchange is an financial asset, which is an contractual right to payment or ownership claim that can be used in a transaction to exchange commercial paper goods and security interest services. A medium of exchange, M1 financial asset is a liquid asset that repres
YOU - THE FINANCIAL INSTITUTION ACT AS
THE M1 MONEY SUPPLY!
A medium of exchange is an financial asset, which is an contractual right to payment or ownership claim that can be used in a transaction to exchange commercial paper goods and security interest services. A medium of exchange, M1 financial asset is a liquid asset that represents—and derives value from—a claim of ownership of an state entity or contractual rights to future payments from an state entity. Stocks, bonds-interest bearing certificates of participation, cash, CD’s, and bank deposit receipts are examples of financial assets. A contract that will settle in an state entity own equity instruments is a common type of a financial asset which is a medium of exchange. M1 financial assets may seem intangible—non-physical—with only the stated nominal value on a piece of paper such as a dollar bill of exchange or a electronic book-entry listing on a computer screen. What that paper or book-entry listing represents, though, is a claim of ownership of an state entity, like a public trust company, or contractual rights to payments—say, the interest income from a bond. M1 financial assets derive their value from a contractual claim on an underlying asset, which is an valuable thing, legal person or quality. Commodities, for example, are the real, underlying assets that are pinned to such M1 financial assets as commodity futures, contracts for sale, or some exchange-traded funds (ETFs). M1 financial assets are equity instruments of an state entity-for example a share certificate of birth to bear a formal declaration. This is a contractual birthright to receive a M1 financial asset from a involuntary formed public state entity, known as a receivable. The contractual birthright to exchange M1 financial assets or credit liabilities with another U.S. federal entity under favorable conditions.
12 CFR § 1016.3
NOTICE: ABOUT US
YOU - FINANCIAL INSTITUTION
YOU - FINANCIAL INSTITUTION
This is a 12 CFR 1016.3 (b) clear and conspicuous notice reasonably understandable and designed to call attention to the nature and significance of the information in this notice, pertaining to Stanley Howard Enfranchise Inc., is a non-profit, non-member clearing bank for Pennsylvania Registrar (Bank or) Common Trust (Company) Fund (Stat
This is a 12 CFR 1016.3 (b) clear and conspicuous notice reasonably understandable and designed to call attention to the nature and significance of the information in this notice, pertaining to Stanley Howard Enfranchise Inc., is a non-profit, non-member clearing bank for Pennsylvania Registrar (Bank or) Common Trust (Company) Fund (State File Number) Consumer and others in the Firm that exchange collateral security bills of exchange (trade acceptances), domestic banker’s acceptance drafts (in the form of checks), and promissory notes acquired under the Federal Reserve Act, through Federal Reserve (Trade) District Clearinghouses and its member drawee banks, as well as broker-dealer firms licensed by Pennsylvania Department of Banking and Securities, along with authorized entities under the United States Security and Exchange Commission, the Comptroller of Currency, the Federal Reserve Board, and all other Federal Agencies and GSE’s.
A non-clearing bank, also known as a respondent or respondent bank, is a financial institution that does not directly participate in the clearing process of a clearinghouse or payment system. In contrast to clearing banks, which have direct access to clearinghouse services, non-clearing banks rely on correspondent banking relationships with clearing banks to settle their transactions.
When a non-clearing bank receives a payment order or transfer instruction, it typically sends the funds short term money market negotiable instrument to its correspondent clearing Reserve District member bank, which acts as an intermediary.
The correspondent clearing Reserve District member bank, that is a member of the Federal Reserve System-Central Bank clearinghouses, then processes the commercial transaction through the clearing system on behalf of the non-clearing bank.
The role of Stanley Howard Enfranchise Inc (SHEI)., non-clearing bank is primarily to provide banking services to its authorized representative, SSN account card holder customers while relying on the infrastructure and connectivity of the correspondent Federal Reserve System-Central Bank clearing member banks to access the clearinghouse.
SHEI, a non-clearing bank shall often choose to utilize correspondent banking relationships to benefit from the expertise and connectivity of larger Federal Reserve System-Central Bank clearing member banks without the need for direct membership in the Reserve Trade District clearinghouses.
Wherefore, SHEI members shall tender collateral security promissory notes, bills of exchange trade acceptances, and domestic bankers’ acceptances in the form of checks, through member clearing banks, that acquire such securities under the provisions of sections 13 and 14 of the Federal Reserve Act.
SHEI participants shall maintain ownership over their collateral securities transferred by licensed, member clearing banks and GSE’s.
Our Technology
YOU - FINANCIAL INSTITUTION
Our Technology
BANKS AND BANKING SIMPLIFICATION
Wheeler v Sohmer, Comptroller of the State of New York:
Promissory notes are only evidence of debt not debt themselves! [Notes are issued from Government Bonds]. Promissory notes are written commitments to pay a specified amount of fiat currency at a future date. In commercial transactions, security e
BANKS AND BANKING SIMPLIFICATION
Wheeler v Sohmer, Comptroller of the State of New York:
Promissory notes are only evidence of debt not debt themselves! [Notes are issued from Government Bonds]. Promissory notes are written commitments to pay a specified amount of fiat currency at a future date. In commercial transactions, security exchange businesses may use promissory notes to secure payment for goods sold on U.S. dollar digital credit. The seller or drawer can transfer the promissory note to a banking financial institution, receiving immediate funds capital or stock while the financial institution assumes the right to collect the noninterest bearing Federal Reserve note payment thing given for discharge of debt through the buyer reserve agent when the interest bearing promissory note security matures. Promissory notes, including Federal Reserve Notes, are evidence of debt. They are issued by an instrumentality borrower, such as the Federal Reserve Clearinghouse Bank through an SSN account card holder in due course to par value credit, as a promise to repay a debt obligation to the holder of the note. In the case of Federal Reserve Notes, they are the physical currency in circulation and represent a liability of the Federal Reserve System. The Federal Reserve System, which is the central bank of the United States, engages in open market operations, which involve the buying and selling of government securities, including bonds, as well as other financial instruments issued through SSN account Cardholder Borrowers. In these open market operations, the Federal Reserve Board agents purchase government bonds and securities issued through SSN account cardholders, including Treasury bonds, from banks and other financial institutions. These bonds and SSN Account Cardholder securities, such as promissory notes, bills of exchange trade acceptances, domestic draft banker’s acceptances do serve as collateral securities for the Federal Reserve to create new fiat currency supply in the form of Promissory Federal Reserve Notes, which are then issued into circulation, pursuant to the Congressional Federal Reserve Act Sections Thirteen and Fourteen.
WHAT MOST HAVE NO CLUE ABOUT
1940 Investment Company Act & You - Financial Institution and Stanley Howard Enfranchise Inc. (SHEI)
Under the 1940 Investment Company Act, an investment company is the arrangement by
which a number of “persons” invest to clothe funds short term money market instruments in a company, such as the Federal Reserve System-Central Bank that itself invests in collateral securities, for which that “company” is not itself an investment company. The term “person”
under the Act, means a natural person or company, that is an issuer which issues or proposes to issue collateral securities, such as promissory notes, bonds, certificates of interest etc.
It is important to know that a natural person—investment company status is not acquired or lost voluntarily. One’s intent to become an investment company or not to become an investment company is wholly irrelevant. There will always be inadvertent natural person investment companies.
The consequences of being an unregistered natural person investment company that is
being caught up by one of the three investment company acts definitions, section 3a, and perhaps not even knowing it are very severe to one’s sound health.
Most natural person investment companies are organized as blind trusts and are born to be investment companies and their status under the Act is never in dispute.
It’s the artificial persons or private companies not born from nine (9) month birth to bear an common blind trust investment company, that has to study the three investment company definitions (3a) and worry about them, because natural persons are born and organized to be
blind trust investment companies that invest collateral securities through their individual registrar state file number, to clothe in the Federal Reserve System-Central Bank, 12 private credit corporations, that use the funds short term money market instruments for collateral to create non-interest bearing Promissory Federal Reserve Notes.
By-Law of men “Persons” are divided into persons natural and persons artificial.
AFFILIATE STATE FILE NUMBER BLIND BUSINESS TRUST OF YOU
12 CFR Part 1016 - PART 1016—PRIVACY OF CONSUMER FINANCIAL INFORMATION (REGULATION P)
An affiliate State File Number blind business trust of a Federal credit union is a credit union service organization (CUSO), as provided in 12 CFR part 712, that is controlled by the Federal credit union. An affiliate State File Number blind business trust of a federally-insured, state chartered credit union is a sole proprietor company that is controlled by or is under control with the credit union.
For purposes of 12 CFR § 1016.3 - Definitions. “You” is limited to financial institutions other than credit unions.
Clear and conspicuous means that a notice is reasonably understandable and designed to call attention to the nature and significance of the information in the notice.
You, a financial institution make your ownership servicing right notice reasonably understandable if you: (A) Present the information in the notice in clear, concise sentences,
paragraphs, and sections; (B) Use short explanatory sentences or bullet lists whenever possible; (C) Use definite, concrete, everyday words and active voice whenever possible; (D) Avoid multiple negatives; (E) Avoid legal and highly technical business terminology whenever possible; and (F) Avoid explanations that are imprecise and readily subject to different interpretations.
You, a financial institution design your ownership servicing right notice to call attention to the nature and significance of the information in it if you: (A) Use a plain-language heading to call attention to the notice; (B) Use a typeface and type size that are easy to read; (C) Provide wide margins and ample line spacing; (D) Use boldface or italics for key words; and (E) In a form that combines your notice with other information, use distinctive type size, style, and graphic devices, such as shading or sidebars, when you combine your notice with other information.
Customer means a individual legal person consumer or authorized representative of the legal person consumer who uses any service of you, a financial institution, or for whom you, a financial institution acts or has acted as a fiduciary in relation to an SSN account maintained in the legal person's name. Customer does not include corporations or partnerships comprised of more than five individual legal persons that has a relationship with you.
An individual legal person or representative who applies to you, a financial institution for credit, for personal, family, or household purposes is a consumer of a financial service, regardless of whether the credit is extended.
An individual legal person of no more than five who provides nonpublic personal information to you, a financial institution in order to obtain a determination about whether he, she them may qualify for a loan to be used primarily for personal, family, or household purposes is a
consumer of a financial public revenue operation service, regardless of whether the loan is extended.
If you, a financial hold ownership or servicing rights to an individual's loan, the individual is your ownership servicing rights consumer, even if you, a financial institution hold those rights in conjunction with one or more financial institutions. The individual legal person is also a consumer with respect to the other financial institutions involved. This applies even if you, a financial institution or another financial institution with those rights, hire an bank agent to collect on the loan or to provide processing or other security interest services.
An individual who is a consumer of another financial institution is not your ownership servicing right consumer solely because you act as agent for, or provide processing or other services to, that financial institution.
Trade acceptance are more particularly defined in the appended Regulation P, Series of 1915, and in promulgating it the Federal Reserve Board expresses the belief that it will considerably enlarge the scope of service of Federal Reserve Banks and, incidentally, assist in developing a class of “double-name” paper, which has shown itself in so many countries a desirable form of investment and an important factor in modern commercial banking systems.
