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Comment for Proposed Rule 75 FR 3281

  • From: Lynn Irons
    Organization(s):

    Comment No: 2057
    Date: 1/21/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-02057
    From:
    Sent:
    To:
    Subject:
    Lynn Irons
    Thursday, January 21, 2010 6:06 PM
    secretary
    Regulation of Retail Forex
    I have reviewed the proposed legislation in regards to retail forex.
    Much of the legislation would be good for the industry expect for the reduced leverage to 10/1. This make no
    sense and should only be allowed to be regulated by the individual trader.
    All that this portion of the legislation would accomplish is a loss of US jobs due to trading firms going out of
    business after traders are forced to use none US companies for their trading needs.
    Lynn Irons
    Boulder, CO