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Comment for Proposed Rule 75 FR 3281

  • From: Tim Mazanec
    Organization(s):

    Comment No: 7478
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07478
    From:
    Sent:
    To:
    Cc:
    Subject:
    Tim Mazanec
    Sunday, March 14, 2010 1:17 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: Tim Mazanec in Boston,
    I believe that independent introducing brokers serve an important function in the Forex marketplace by connecting traders
    with brokers. Your proposal to tie IBs to a single broker will make it impossible for those IBs to provide impartial service to
    their customers. Why not allow IBs to remain independent and subject to the same capital requirements as you already
    impose on Futures IBs? This way, Forex IBs will be able to connect traders with the broker most suited to their trading needs
    and preferences.
    Tim Mazanec, CMT
    This mail was sent via IB Coalition http://ibcoalition.org/take-action/