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My broker's response concerning MF Global
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IACommodities
Posted 11/21/2011 14:24 (#2060806 - in reply to #2060787)
Subject: RE: My broker's response concerning MF Global


Tell him he better not tell clients on the phone what he can't back up in writing. If he won't write it, I won't believe it.

We don't clear MF, but we instilled confidence in our clients about our clearing firm, but refused to make outlandish comments like 'it could never'... It's always a possiblity, if he says you have no risk at all whatsoever... i would be apprehensive.
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