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Comment for Industry Filing IF 12-002

  • From: alan e neumann
    Organization(s):

    Comment No: 49999
    Date: 11/29/2011

    Comment Text:

    " The petition requests an order that would set forth terms and conditions under which ICC and its clearing members that are dually registered as futures commission merchants and securities broker-dealers would be permitted to (1) commingle in an account subject to Section 4d(f) of the Act (a cleared swaps customer account) positions in swaps and security-based swaps and related customer money, securities and property;"

    Absolutely Not ! Under no circumstance should commingling be allowed for any reason. this would be a recipe for disaster. did we learn anything from the MF Global affair. If this is allowed I will close my account an never trade on the CME or any other US commodity exchange.


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