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RE: cash forex e-brokers -- insured funds / MBFX?



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>>Date: Mon, 25 Sep 2000 21:01:16 +0200 
>>From: "Carl Vanhaesendonck" <carlvan@xxxxxxxxxxxxxxxxx> 
>>Subject: RE: cash forex e-brokers 
>>
>>Vic,
>>
>>You are right for MBFX: not regulated by SFA but your funds are
insured in
>>case of insolvency
>>
>>Carl

Pls could you be more specific? Who and how?
TIA

Regards,
Valery