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Contact:
Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


FOR IMMEDIATE RELEASE

Forex Firm PFGBEST® Commends CFTC Final Foreign Exchange Market Rule

Chicago, Aug. 31, 2010 – PFGBEST President Russ Wasendorf, Jr. today affirmed the firm’s respect for the Commodity Futures Trading Commission (CFTC) final rules for retail foreign exchange market participants.

“As a firm that has always been registered, we strongly believe that the new rules finalized this week for retail foreign exchange investors help protect the American public and the legitimate, registered, compliant industry purveyors of foreign exchange products and services.  We commend the CFTC for its hard work and ability to mark this first final rule from the Dodd-Frank financial reform bill in such a timely way. We believe that the CFTC has wisely weighed these rules and that they will ensure that American investors are not pushed to overseas markets, which have less protection.  PFGBEST diligently adheres to all CFTC and National Futures Association (NFA) parameters and we congratulate both agencies for their diligence in serving the interests of customers who look to them for ensuring continued access to competitive, transparent markets.”   

PFGBEST is a rapidly-expanding global financial services and technology firm, specializing in electronic trading, futures, foreign exchange, and managed accounts. The company is also an industry leader in investor education, and it offers numerous free webinars each week attended by hundreds of people wishing to further their knowledge and skill in trading, charting, customizing their screens, comprehending various government reports, enriching their understanding of trading psychology and many other topics. To learn more, please visit www.pfgbest.com.

Media contact: Patricia Campbell pcampbell@pfgbest.com 312-775-3411