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Comment for General CFTC Public Roundtable Discussion on Additional Customer Protections

  • From: Tom Barton
    Organization(s):
    ElectronicLocal

    Comment No: 58379
    Date: 8/15/2012

    Comment Text:

    Full insurance covering 100% of all funds deposited by all customers with FCMs must be made mandatory. The cost could be funded by a penny surcharge in NFA fees or similar. Not having customer funds fully insured up to any amount is driving customers away from the industry.

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