Comment Text:
i0-001
COMMENT
CL-08497
From:
Sent:
To:
Cc:
Subject:
Jayanta Mukhopadhyay
Thursday, March 18, 2010 12:49 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Jayanta Mukhopadhyay in Beverly, MA
I strongly object to the proposal to force IB's to be guaranteed by a single broker. This will likely force good businesses our
of business and stop them form providing a real valuable service and important buffer from the broker.
I want my IB to be able to make the best recommendation to me based on how I trade, not the recommendation that their
guaranteed broker demands.
I also do not understand why this regulation should be different than the futures industry which you also regulate. Please do
single out forex as an asset class any different than other investment alternatives.
I expect the CFTC to work for the people it is supposed to protect by acting consistently, fairly and with the right information
to make a good decision.
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