Originally Posted by scottdkuehne

I applaud your efforts and enjoy reading the informative posts on this thread, and I think I speak for many others when I say this. However your latest post which attacks all Swiss based Forex dealers because of the actions of one is illogical. By this rationale because the NFA allows one of the many bucket shops in the US to operate it means all the other brokers in the U.S. are bad. Obviously this is a case of stereotyping. As you have stated on a previous post only three firms have said they intend to become a bank. I can confirm that both Crown and Dukascopy will be becoming banks in time to meet the new regulations. I wholeheartedly agree that there are many bucket shop operations in Switzerland and a house cleaning is certainly in order and I am happy to see it. Good riddance to bad rubbish in the forusm of Alceeho and North Finance and soon many others like them.