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On Sep 6, 2016, at 5:38 PM, Hannigan, Martin <<a href="mailto:marty@akamai.com" class="">marty@akamai.com</a>> wrote:<br class="">
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<blockquote type="cite" class="">On Sep 6, 2016, at 17:24, Mike Burns <<a href="mailto:mike@iptrading.com" class="" style="color: purple;">mike@iptrading.com</a>> wrote:<br class="">
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class="">Hi John,<o:p class=""></o:p></span></div>
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></span></div>
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class="">In that case I would like to suggest indexing the transfer fee to the size of the block transferred.<o:p class=""></o:p></span></div>
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class="">Perhaps the algorithm for this indexing could be adjusted to yield 1.33 times current transfer fee revenue.<o:p class=""></o:p></span></div>
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class="">In this way we don’t have to make transfer fees payable upfront and non-refundable.<o:p class=""></o:p></span></div>
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<span style="font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></span></div>
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% would work and be fair. It also supports aggregation if applied per block -and split net neutral. </span></div>
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Prorating the transfer fee would is “fair” to the extent that it is deemed</div>
<div>appropriate to change prorated to the value of the transaction to the </div>
<div>parties. If the goal is recovery based on costs incurred by ARIN, then </div>
<div>flat fees are more fair.</div>
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<div>For a real world example, consider processing fees for various auto</div>
<div>and property registration transactions. Title transfer is generally a</div>
<div>fixed processing fee and not discounted for transfer of less worthy </div>
<div>assets. (This doesn’t consider that some states _tax_ transactions</div>
<div>in addition and on a percentage basis, but that is an entirely different </div>
<div>aspect.) States registries generally do flat-rate for transactions because</div>
<div>it is deemed inherently fair based on their processing costs, not because </div>
<div>they intend to discourage the sales of inexpensive automobiles. </div>
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<div>If folks want variable fees for different sizes, that can be done; </div>
<div>I would only caution that use of the term “fair’ for describing </div>
<div>such an sized-index fee schedule is quite a subjective matter.</div>
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<div class="">Shouldn't "everyone" be able to "reasonably" ascertain chain of custody pre charge? Brokers could charge research fees and alleviate the members from wasted time. </div>
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Most brokers do research these materials, and that speeds up the processing</div>
<div>(since documentation is readily available when ARIN requests such) but that</div>
<div>does not preclude ARIN having to carefully review these materials to confirm</div>
<div>veracity and prevent anyone from hijacking blocks via creative requests...</div>
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<div>Thanks!</div>
<div>/John</div>
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<div>John Curran</div>
<div>President and CEO</div>
<div>ARIN</div>
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