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CRLeBeau@xxxxxxx wrote:
>
> In a message dated 9/18/98 9:27:18 AM, jzaner@xxxxxxxxxxx writes:
>
> <<Chuck: If this is true, they are in violation of 17 CFR 180.1-180.5 of
> the CFTC rules which clearly state that no broker can require an
> arbitration agreement be signed as a condition of acceptance of the
> account nor may it require that the customer waive his right to a
> reparations hearing.>>
>
> Unfortunately this is not a CFTC registered firm because they deal only in
> cash markets to avoid having to register. They are true sleazeballs. The
> point I was trying to make is that arbitration isn't necessarily a bad system.
>
> Chuck
Your right, but why voluntarily give up your rights, when you can always
choose that option after the situtation arises instead of before.
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