Comment Text:
i0-001
COMMENT
CL-07793
From:
Sent:
To:
Cc:
Subject:
Mark Haskins
Tuesday, March 16, 2010 11:26 AM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Mark Haskins in Miami Beach, Florida
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.
Mark P. Haskins
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