CFTC must do more to protect commodities customers'funds: ISRI

摘要

The Institute of Scrap Recycling Industries has asked the Commodity Futures Trading Commission (CFTC) to allow commodities customers to opt out of granting futures commission merchants access to their funds for investment purposes. In order to open a commodity trading account with a particular futures commission merchant, a customer currently must comply with a clause in the agreement allowing merchants to use client funds at their own discretion, a letter from ISRI states.