Comment Text:
i0-001
COMMENT
CL-07775
From:
Sent:
To:
Cc:
Subject:
Tim Inthirakoth
Tuesday, March 16, 2010 10:10 AM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Tim Inthirakoth in Boston, MA
I need your help. The company I work for, Currensee, is working to challenge a ruling that will significantly change
the way we operate our business and is not in the best interest of our customers. The CFTC (the governing body for
the Forex market) is proposing that, instead of continuing to allow us to offer our customers with a choice of brokers
to be introduced to, we could only offer them one. This is not the the customer's best interest as a brokers have a
varying offering and each may be suited toward a particular type of customer vs. one size fits all. In addition, the
Futures market is also regulated by the CFTC and they are not imposing this restriction on the Futures market, which
is inconsistent and confusing to customers.
Time is of the essence. The CFTC is accepting letters through Monday 22nd and these letters are critical in exposing
this issue to the CFTC. I am requesting your help in sending a letter via email or our website telling them you don't
see how this is in the best interest of the customer. I've provided you with the methods for submitting your letter
along with sample text that you can simply copy and paste. I really appreciate your help in challenging this
important matter with the CFTC.
This mail was sent via IB Coalition http:!!ibcoalition.org{take-action!
