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
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