Comment Text:
i0-001
COMMENT
CL-07637
From:
Sent:
To:
Subject:
Meg O'Leary
Monday, March 15, 2010 1 : 17 PM
secretary
Regulation of Retail Forex - RIN 3038-AC61
To whom it may concern:
The proposed rule by the CFTC requiring IB's to be guaranteed by one broker is wrong and should be
rethought. Independent Introducing Brokers like Currensee Inc. (NFA #0403251) provide me with a
very valuable service by matching my trading style with the right brokerage offering. Many of the
products brokers offer vary widely regarding spreads, roll cost, customer service, trading platforms etc.
Customers such as myself need an independent party to research and explain these differences. I would
not want the recommendation of a captive IB that can only refer me to one brokerage offering no matter
what the quality of the service.
I do not understand who is being protected by this. Futures IB's have the option of independence or
being guaranteed. If the CFTC regulates both industries why would there not be consistent regulations?
Please change your stance on the matter.
Thank you for your consideration.
Megan O'Leary
