Anyone ever go to the NFA site? I looked though some records today to check up on various brokers. Very interesting! You can see if any cases have been brought against the brokers, and how many were reparation cases. It is good research for those looking to trade.
The NFA site is definately a great information source for trader looking to find out exactly “how” the NFA regulates their members.
I am a proponent of the NFA, although I believe they are a “crooked” group 
i actually just replied to a post on some good things the NFA does as far as customer protection:
http://forums.babypips.com/rate-my-broker/14845-regulation.html#post58476