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Comment for Proposed Rule 75 FR 3281

  • From: Robert A Abair
    Organization(s):
    Robert Abair Associates Inc

    Comment No: 7938
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07938
    From:
    Sent:
    To:
    Cc:
    Subject:
    Robert A. Abair
    Tuesday, March 16, 2010 2:41 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: Robert A. Abair in Shrewsbury, Massachusetts
    I am very concerned with your upcoming legislation. The proposed rule by the CFTC requiring IB's to be guaranteed by one
    broker is clearly not in the best interest of those who trade.
    Currensee Inc. (NFA #0403251) provides me with a very valuable service by matching my trading style with the right
    brokerage offering. I want to choose from many offerings and see no value or risk in letting me choose. I would not want,
    nor would I value, 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 need protecting. Investors such as I are very educated and do not need a government resource to make
    recommendations for me.
    Signed,
    Robert A. Abair
    President,
    Robert Abair Associates, Inc.
    This mail was sent via IB Coalition http://ibcoalition.org/take-action/