Return-Path: Delivered-To: charley@transocean.com Received: from vps.transocean.com by vps.transocean.com with LMTP id 8OG3KnxV21quDAAAInt2oQ for ; Sat, 21 Apr 2018 08:15:08 -0700 Return-path: Envelope-to: charley@transocean.com Delivery-date: Sat, 21 Apr 2018 08:15:08 -0700 Received: from rrmtaint01.ms.com ([205.228.15.41]:43870) by vps.transocean.com with esmtps (TLSv1.2:ECDHE-RSA-AES256-GCM-SHA384:256) (Exim 4.89_1) (envelope-from ) id 1f9uE7-0000t4-Hf for charley@transocean.com; Sat, 21 Apr 2018 08:15:08 -0700 Received: from pps.filterd (rrmtaint01.ms.com [127.0.0.1]) by rrmtaint01.ms.com (8.16.0.21/8.16.0.21) with SMTP id w3LF9V5f020870 for ; Sat, 21 Apr 2018 11:14:18 -0400 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=morganstanley.com; h=from : to : subject : date : message-id : references : in-reply-to : content-type : content-transfer-encoding : mime-version; s=p20150724; bh=9Ml/Yy4LuDr86I+YRnLsmtrqZHVkfaPAQXppWOOH3uw=; b=hRIUVAxGBuOm2dTlYWx5Q0/wn+Yl4KnC819LXdB1UKa4iALEub8j4y1nHYlxx/kc0YAj kULJmJV3Ddp+cFmXBMNNUb2HKwCFHvnSyspEAL4MpnvZzHEmmKiz/sO2kagYLnckVtT4 SVFbwcikvCutXemc0oiI1NGnEyv3rWd4G9E= Received: from dlp.ms.com (itsdlppas03.randolph.ms.com [10.100.204.144]) by rrmtaint01.ms.com with ESMTP id 2hfy6jrpp3-1 for ; Sat, 21 Apr 2018 11:14:18 -0400 Received: from rrmtaint01.ms.com (rrmtaint01.ms.com [127.0.0.1]) by pps.dlp (8.16.0.20/8.16.0.20) with SMTP id w3LFEHcj025123 for ; Sat, 21 Apr 2018 11:14:17 -0400 Received: from hzsmmta03.ms.com (hzsmmta03.ms.com [10.203.140.69]) by rrmtaint01.ms.com with ESMTP id 2hfy6jrpp2-1 for ; Sat, 21 Apr 2018 11:14:17 -0400 Received: from RRWEX2009N2.msad.ms.com (rrwex2009n2.ms.com [10.196.131.27]) by hzsmmta03.ms.com (Sentrion-MTA-4.3.2/Sentrion-MTA-4.3.2) with ESMTP id w3LFEHSW009324 for ; Sat, 21 Apr 2018 15:14:17 GMT Received: from rrwex2020n2.msad.ms.com ([10.103.17.95]) by RRWEX2009N2.msad.ms.com ([10.196.131.27]) with mapi id 14.03.0361.001; Sat, 21 Apr 2018 11:14:17 -0400 From: "Rosenstein, Dan" To: "charley@transocean.com" Subject: Re: re trade on 4/20 Thread-Topic: re trade on 4/20 Thread-Index: AdPZe7DtbPMgGCvNSkOA/F6SxWrTIgAB7kA6 Date: Sat, 21 Apr 2018 15:14:16 +0000 Message-ID: <7oa1o2tq67qgg4eohemh92t0.1524323656289@emailplus.mobileiron.com> References: <002501d3d97c$05250280$0f6f0780$@transocean.com> In-Reply-To: <002501d3d97c$05250280$0f6f0780$@transocean.com> Accept-Language: en-US, af-ZA Content-Language: en-US X-MS-Has-Attach: X-MS-TNEF-Correlator: x-exclaimer-md-config: f2a46809-d95e-4647-8996-91897c738879 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable MIME-Version: 1.0 X-Proofpoint-Virus-Version: vendor=fsecure engine=2.50.10434:,, definitions=2018-04-21_04:,, signatures=0 X-CFilter-Loop: Reflected X-Spam-Status: No, score=1.9 X-Spam-Score: 19 X-Spam-Bar: + X-Ham-Report: Spam detection software, running on the system "vps.transocean.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: Hi Charley I just tried you. Was your discussion with him about an absolute restriction or an average duration of the bonds? If this was your discussion, there’s a difference and we normally like to empower sub managers to maintain duration while giving them flexibility to keep to their strategy, for example, to maximize their ability to generate return and manage risk. This means they may buy longer and shorter bonds to maintain an average maturity but have enough leeway to buy opportunistically if there are price dislocations, etc. at various points in the yield curve. Call me to discuss please 516.382.6620. (Btw, if I want insight on the trade, I’ll probably need to wait til Monday to talk with the sub manager. ) [...] Content analysis details: (1.9 points, 3.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URIs: transocean.com] 0.5 KAM_NUMSUBJECT Subject ends in numbers -0.0 SPF_PASS SPF: sender matches SPF record 0.0 HTML_MESSAGE BODY: HTML included in message 0.8 BAYES_50 BODY: Bayes spam probability is 40 to 60% [score: 0.5000] 0.7 MIME_HTML_ONLY BODY: Message only has text/html MIME parts -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid X-Spam-Flag: NO

Hi Charley

I just tried you. Was your discussion with him about an absolu= te restriction or an average duration of the bonds? If this was your discus= sion, there=92s a difference and we normally like to empower sub managers to maintain duration while giving them flexib= ility to keep to their strategy, for example, to maximize their ability to = generate return and manage risk. This means they may buy longer and shorter= bonds to maintain an average maturity but have enough leeway to buy opportunistically if there are price disloca= tions, etc. at various points in the yield curve. Call me to discuss please= 516.382.6620. (Btw, if I want insight on the trade, I=92ll probably need t= o wait til Monday to talk with the sub manager. )

Dan Rosenstein

Financial Advisor
The StoneTower Group
NMLS#1033250
Morgan Stanley Wealth Management
855 Franklin Avenue
Garden City, NY 11530
Phone: +1 516 227-2880
Mobile: +1 516 382-6620
Email: Dan.Rosenstein@m= organstanley.com
Twitter: @DanRosensteinMS
My Website: https:/= /fa.morganstanley.com/dan.rosenstein



From: "Charles Peck" <charley@transocean.com>
Date: Saturday, April 21, 2018 at 10:21:26 AM
To: "Rosenstein, Dan (Wealth Mgmt MS)" <Dan.Rosenstein@morganstanley.com&g= t;
Subject: re trade on 4/20

Dan,

I would like to discuss the trade that was done on 4= /20.

I spoke to John and I thought we agreed not to by an= y bonds beyond my 7 year horizon; this new one is out to 2047.

I am sure there is a reason but not sure what it and= would like to make sure we are on the same page and that if my ideas make = sense that they work within the way your system works.

Best,

Charley

 

Charles Peck=

President

Trans-Ocean Imports

10 Midland Avenue|Suite M00| Port Chester, NY 10573<= /span>

914.949.5656 x105 | 914.937.3140 fax |914.384.1= 190 mobile

Charley@transocean.com

 

Confidentiality Notification: If you a= re not the intended recipient, please do not disclose, disseminate, copy, distribute or take any action in reliance on the contents of this el= ectronic transmission.  If you have received this electronic transmiss= ion in error, please notify us by telephone and immediately delete this mes= sage. As E-mail transmissions cannot be guaranteed secure or error-free the sender does not accept any liabilit= y for errors or omissions in the contents of this message, which arise beca= use of electronic transmission. Any documents accompanying this electronic = transmission and the information contained herein belong to the sender and are privileged and intended only= for the use of the individual(s) named above.<= /span>

 

 

 


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