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This sounds good. I have been looking into Canadian brokers as well and there is what appears to be a Canadian equivalent to the FDIC. It's called the Canadian Investors Protection Fund (cipf) see http://www.cipf.ca Apparently you don't have to be a Canadian citizen and also you don't have to...

That would be from the regulated portion of the company. What about from the unregulated part of the company; ie, RefcoFX Associates, LLC and other unregulatd operating units?

It appears the Canadian participants in the Canadian Investor Protection Fund may have a good answer to this. http://cipf.ca

Oh, ok, that's good for you. You had posted Refco.com vs. Refco.ca so it appeared you had a US account. I have heard that Refco.ca is going to be acquired by fxcm. It'll be interesting to see if that protection is still provided to those that have Canadian accounts. I've been exploring...

If you're a Refco Canada client you are automatically enrolled in the protection -- makes you wonder why we in the US don't have something like this for the FX Spot trading market.

It's too bad you weren't with Refco Canada - they have the Canadian Investor Protection Fund -- you'd be insured up to a million dollars and your account wouldn't frozen.

The part that Flowers was bidding on was the regulated part. I'm wondering what's happening with the RefcoFX Associates, LLC, the Forex part?

Apprently the Canadians that are account holders are in good shape as they are protected by something that is provided to Canadians that work with firms that are participants in the Canadian Investor Protection Fund: http://www.cipf.ca Account holders are apparently protected up to 1...

Does anyone know if refcofx has any suitors? I spoke with a gentleman at the CFTC and he said that everyone he had spoken to regarding refcofx said that this unit was profitable. Presumably that would mean that this unit, if able to be broken away from the Refco parent, would have some value.