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Comment for Proposed Rule 75 FR 3281

  • From: Jamie Cohen
    Organization(s):

    Comment No: 7781
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07781
    From:
    Sent:
    To:
    Cc:
    Subject:
    jamie Cohen
    Tuesday, March 16, 2010 11:06 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: jamie Cohen in Boxford, Ma
    The proposed regulation on guaranteed IB's will hurt Forex traders. As a customer I want to the opportunity to get
    an un-biased point of view from an independent IB on the merits of each of my broker choices. By forcing an IB to
    be tied at the hip to one broker will cause them to be a sales arm of that broker. I cannot believe that the CFTC
    has thought through these ramifications.
    I also do not understand why the CFTC would not strive to harmonize the rules with the regulations for futures IB's
    that already have the choice of remaining independent.
    Please do not ruin the services traders receive today because of the bad actors in this space which exist in every
    market
    Thank you for your consideration
    This mail was sent via IB Coalition httD.'//ibcoalition.or~/take-action/