Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Michael A Johnson
    Organization(s):

    Comment No: 1250
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01250
    From:
    Sent:
    To:
    Subject:
    mj ohnson 155 @woh.rr.com
    Wednesday, January 20, 2010 10:00 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Wednesday, January 20, 2010 at 21:59:58
    commenter_subject: Retail Forex
    commenter frdate: 1/20/10
    commenter_frpage: 17 CFR Parts 1, 3, 4
    commenter_comments: With such strict guidelines for Retail trading of
    the Forex Markets, this bill will essentially
    eliminate the retail forex trade in the United
    States. You will see a transfer of funds and
    wealth to Brokers outside of the United States like
    you wouldn't believe. This has already begun...
    What retail traders really need is to level the
    playing field with commercial and institutional
    traders and to stop the fraud and cheating of
    "Bucket Shops" which steal the money from smaller
    traders by manipulating feeds and stop hunting.
    You people who make up these rules are only
    protecting the really big players and putting more
    money in their pockets...aka the Wall Street gang.
    How about protecting the smaller fish for a change!
    commenter name: Michael A. Johnson
    commenter withhold address on: ON
    commenter_addressl : 277 Triple Crown Cir
    commenter_city: Springboro
    commenter state: OH
    commenter_zip: 45066
    commenter~ohone: 937-689-9995