Comment Text:
i0-001
COMMENT
CL-00154
Froln:
Sent:
To:
Subject:
James Long
Saturday, January 16, 2010 6:08 AM
secretary
Regulation of Retail Forex R1N 3038-AC6 l
I wish to comment on your proposed rule changes for the above subject.
It is my opinion that y~ur purpose should be to regulate the brokers (FDM's) and lB's to prevent scam
and unscrupulous operations. If you implement the 10:1 leverage rule you will force ALL retail forex
offshore, as well as the small individual traders. Then your job will be easier because you will have NO
control or oversight of their operations !!!! Keep them here, in the U.S., where you have at least some
control..
James C Long
[email protected]
From uploaded file 154_----:
1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.
