Comment Text:
i0-001
COIMMENT
CL-07656
From:
Sent:
To:
Subject:
Sean Murphy
Monday, March 15, 2010 3:48 PM
secretary
I oppose the new rule change by the CFTC
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.
Best regards,
Sean Murphy
