What's Happening at Lind-Waldock?

October 2005

A letter from our President about Refco, LLC.

Dear Individual Investor:

Lind-Waldock's core futures business is a part of the regulated futures brokerage entity, Refco, LLC. Refco, LLC continues operating in exchange-traded derivatives worldwide, and multiple entities have expressed an interest in participating in the process to acquire Refco, LLC in the near future.

RefcoPCG will continue to move forward in providing individual investors like you with the highest-level of service available in the futures industry. As required by law, customer funds in futures accounts at RefcoPCG are segregated. In addition, Refco, LLC remains in good standing as a clearing member at futures exchanges, including the CME, which issued a press release to that effect on October 13, 2005.

I invite you to start trading futures with Lind-Waldock, and I look forward to welcoming you as a client. If you have questions, please feel free to contact us.

With best regards,

Mark B. Sachs
President
Lind-Waldock

Kristina Zurla Landgraf is editor of Lind eWire. She can be reached by email at editor@lind-waldock.com.

Futures trading involves substantial risk of loss and is not suitable for all investors.

Past performance is not necessarily indicative of future trading results. Trading advice is based on information taken from trade and statistical services and other sources which Lind-Waldock believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder.

© 2005 Lind-Waldock. All Rights Reserved.