"What is troubling in this case is that, after the fund's prospectus
was
amended to put new restrictions in place specifically to discourage market
timing, Diversified
selectively permitted certain customers to carry out
hundreds of market timing exchanges," said James
Shorris, NASD Senior Vice
President and Acting Head of Enforcement., the funds' investment advisor
and Diversified's
parent company.
NASD also found that while the prospectus limitations were
not applied to
the two groups of accounts with market timing agreements, approximately 80
letters
were sent by a Diversified registered representative to other
identified market timers, including
investors who purchased and sold as little
as $5,000 per trade. For more information, please visit
our Web Site at http://www.
Using semantics and linguistic analysis, the Otopy search assistant
seamlessly converts initial keyword entries into multiple relevant terms.
linguistics orthography
ABBYY Ships First Omnifont
OCR Software Package for Fraktur and Old European Language Recognition
Results for all relevant
terms are delivered in an easy-to-use interface.onomastics phonetics
"That special privilege was never
disclosed to
the fund's other shareholders, who were restricted from making
frequent share exchanges.
(Click
here for details)
Until now, recognition systems have required many hours or days of training
to
recognize key words and symbols. METAe is a consortium of
libraries and digitization companies from
across Europe who are working
together to create the METAe Engine, a software package specifically
designed for organizing the work flow of the archiving and conversion of
historical materials
such as books, journals, magazines and newspapers.
For the first time, Otopy
eliminates
the guesswork and frustration of trying different keywords to
describe what is being sought.
Particularly useful for shopping
"We identified an opportunity to better connect buyers
and sellers," said
Gene Feroglia, Otopy's CEO and co-founder. As a result, items may go unsold
simply
because the buyer and seller aren't using the same terms to describe
the same item.ethnolinguistics multidimensional
Firm
Also Fined for Supervisory Breaches, Email Failures
WASHINGTON, NASD announced today that
it has fined
Diversified Investors Securities Corp.3 million for
facilitating impermissible market
timing by certain institutional and other
customers in its Diversified Investors International Equity
Fund.
The settlement announced today -- the latest in a series of NASD
enforcement actions
involving impermissible market timing -- also resolves
related charges regarding email retention
failures and supervisory breaches.nasdbrokercheck.com
or contact ABBYY's local office.liberman linguistics
NASD Orders
Diversified Investors Securities to Pay Over $2.2 Million for Facilitating Market Timing
of Purchase
, NY, $1. The firm
must also pay nearly $950,000 in restitution to the fund.
Works with
any search engine
"While our current release is tuned for shopping, we are optimizing
additional
databases for general web searches as well as for domain-specific
information in the fields of law
, medicine, and other applications, including
other languages and corporate applications," said Dan
Kikinis, Otopy's CTO and
Co-Founder.
negatively phonology
However, these investors were not told that the new
exchange
restrictions were not being applied to the two groups of accounts
with market timing agreements.
aib.0 (with SP6 or
later).
Shipping and Availability
ABBYY FineReader XIX is available
now worldwide. Leading products from ABBYY include the FineReader
line of OCR, ICR and barcode software
, and FineReader development tools. For more information about ABBYY, visit: www.
The Beta release
announced today is available for Internet Explorer 6.
About Otopy
Otopy Inc.pragmatics liberman
The
First Omnifont OCR Fraktur: Ancient Text Recognition without Extensive
Training
More than
two years in development, ABBYY FineReader XIX is designed to
read ancient texts using "Fraktur"
or Black Letter print and those printed
between 1600 and 1938.
Created in cooperation with
the METAe Project
ABBYY FineReader XIX was also developed with the needs of universities and
research centers at its focus.Open to English-language sites relating to Linguistics, the study of
human languages.
generative unilang
com.Otopy Launches Internet Search Assistant
0+ and
currently supports the following
search engines: A9, Google, MSN, and Yahoo!
and shopping sites: eBay, Froogle, MSN Shopping, Yahoo
! Shopping.unilang negatively
ABBYY Software House, a leading provider of
document recognition and linguistic
technologies, today announced worldwide
availability of the first omnifont OCR software for recognition
of
"Fraktur" or Black Letter print, ABBYY FineReader XIX. It supports German, English, French, Italian
and
Spanish languages. The privately funded venture is managed by a team
of Silicon Valley veterans
with expertise in search applications and
technology.typology linguistics
Those investors were warned to cease market
timing
activity and were informed of the new prospectus language restricting an
investor who sold
interests in the fund from exchanging shares back into the
fund for 90 days.com. More information
about the
METAe project can be found at http://meta-e. Recognized text can
be output to a variety
of file formats including Microsoft Word, Microsoft
Excel, Text, Rich Text Format, Microsoft Word
XML, and Adobe PDF.com .generative negatively
Investors can link
directly to BrokerCheck at http://www. The product was
developed through
cooperation with the worldwide METAe project. It is available in 17 user interface
languages.com. Fax: (510) 226-6069.
Otopy's solution addresses the problem of not knowing exactly
what keyword
or words will elicit a useful search result. Otopy is a member of the eBay Developers
Program.sociolinguistics minimalism
NASD also found that from November 2000 to December 2003, Diversified did
not
have an adequate system for retaining e-mail communications and failed to
ensure that e-mails were
retained in accordance with record-keeping rules.
Investors can obtain more information about
, and the disciplinary record
of, any NASD-registered broker or brokerage firm by using NASD's BrokerCheck
. Special recognition dictionaries using historical printed
dictionaries representing the orthography
of the 19th centuries for German
were also developed.uni-linz.
Companies that license ABBYY OCR
/ICR technologies include Banctec, BenQ,
EMC2/Documentum, EPSON, Freedom Scientific, Kurzweil, Kofax
, Lexmark,
Microtek, NewSoft, Notable Solutions, Panasonic, ReadSoft, SER Solutions,
Samsung Electronics
, Sumitomo Electric Systems, Stellent, Toshiba and
Verity. Otopy bridges that gap by linking terms
that relate to the
same concept. It's
available now free of charge from the Otopy website at
http://www.phonetic typology
While these market timing agreements were in place, language was added to
the
fund's prospectus informing investors that the fund had established new
procedures designed to discourage
large volume exchange activity that had the
potential to affect negatively the fund and its other
shareholders.
NASD is the leading private-sector provider of financial regulatory
services
, dedicated to investor protection and market integrity through
effective and efficient regulation
and complementary compliance and
technology-based services.ac.
Pricing and Availability
The Otopy search assistant is a free downloadable browser plug-in.negatively phonology
NASD makes BrokerCheck
available at no charge to the public.nasd. Partners in the METAe project
include: the University
of Innsbruck (Austria), University of Florence
(Italy) Bibliotque Nationale de France, the National
Library of Norway,
the Friedrich-Ebert-Foundation (Germany), CCS Compact Computer Systeme
(Germany
), and Cornell Library University (USA).com. The
Company plans to release additional versions of
the software that will work
with other popular browsers and sites. The technology used in Otopy
's search assistant is covered by
patents and pending patents.psycholinguistics negatively
"The problem is that sellers
describe
the item they're selling one way, and potential buyers may search for
that item using different terminology
. By grouping these terms together with our proprietary
technologies, we significantly increase the
accuracy, speed and ease with
which buyers can find what they're looking for," said Feroglia. was
founded in 2003 with a mission to make Internet search
easier and more effective.psycholinguistics onomastics
Prior to June
2003, certain registered representatives
at Diversified were aware that two groups of accounts had
been opened for the
purpose of market timing and had entered into agreements with Diversified
Investment
Advisors, Inc. The
prospectus further stated that, effective June 30, 2003, if a shareholder sold
fund shares, the shareholder may not be permitted to exchange shares back into
the fund for 90
days. The technology,
first released in September 2004 for developers working with ABBYY's
software
development tools, is now for the first time available in an end
user application. FineReader XIX
combines all of the power of ABBYY's
FineReader Corporate Edition software package for small businesses
and adds
special capabilities for reading old European languages. For a
complete list of supported
formats and system requirements, please go to
www.minimalism bilingualism
In settling with NASD, Diversified neither
admitted nor denied the
allegations, but consented to the entry of NASD's findings. NASD touches
virtually every aspect of the
securities business -- from registering and educating all industry
participants, to examining securities firms, enforcing both NASD rules and the
federal securities
laws, and administering the largest dispute resolution
forum for investors and registered firms.
FineReader XIX reads Fraktur, Schwabacher and many types
of Texture (Gothic) fonts including Roman
-type characters no longer in use
such as the elongated "s" used in early English or French texts
. For most Internet users, finding
a specific tidbit of information is like trying to find a word
in the
dictionary without knowing how to spell it.typology generative
ABBYY designed FineReader XIX to be an
omnifont
system for Fraktur and old European language recognition, allowing
users to scan and read documents
using Fraktur scripts and convert them
into digital text with minimal training and dictionary work
. ABBYY achieved
this by developing a special classifier for Fraktur and special language
dictionary
models for Fraktur together with ABBYY's partner ATAPY software.
About ABBYY USA
ABBYY
USA is a member of the ABBYY Software House Group, a world leader in
document recognition and linguistic
technologies. Major Breakthrough Leverages Semantics to Improve Results From Any Search
Engine
LOS ALTOS, Calif.
multidimensional universals
8 million searches for
existing
brokers or firms and requested more than 190,000 reports in cases
where disclosable information existed
on a broker or firm.
With the aim of delivering high levels of accuracy, ABBYY FineReader XIX
has
been trained using hundreds of sample documents, including 10
dictionaries and more than 105 books
published between 1808 and 1930., Otopy, Inc.linguistics unilang
Investors can also
access this service by calling
1-800-289-9999. In
addition, 31,000 pages of text from different sources were used in a test
base
. For additional product
information, pricing and trial version please go to www. ABBYY specializes
in the
development of software for optical character recognition (OCR),
intelligent character
recognition (ICR), linguistics, semantics, and
electronic lexicography. E-mail: info@abbyyusa.otopy
.negatively graphemics
at.com or
contact ABBYY USA, 47221 Fremont Boulevard, Fremont, CA 94538. Phone: (510)
226-6717
.maledicta linguistics
These accounts
engaged in approximately 400 market timing round trip exchanges, purchasing
and
selling shares valued at over $160 million from July through disregarding the new prospectus trading
restrictions, and in certain
instances exceeding the trading limitations in their original market
timing
agreements. In 2004, members
of the public used this service to conduct more than 3.frakturschrift
.negatively semiotics
NASD found that despite these new prospectus
restrictions, Diversified permitted the two groups
of accounts with market
timing agreements to continue their market timing activity.
,
a Los Altos-based
startup today announced the Beta release of its Internet search assistant,
following
two years of research and development.phonetic linguistics
ABBYY FineReader XIX will provide a key component for
archiving some of
Europe's most priceless historical documents.
System Requirements
FineReader
XIX supports Windows 2003, XP, 2000 and NT 4.frakturschrift.abbyyusa.pragmatics phonetics
"
Diversified is the principal
underwriter and distributor of the
Diversified Investors family of mutual funds, which are designed
for
retirement investing. The agreements permitted the accounts to market time, subject
to certain
restrictions.typology blogosfera
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)