Comment Text:
i0-001
COMMENT
CL-02251
From:
Sent:
To:
Subject:
rashe 1 @roadrunner. com
Thursday, January 21, 2010 8:47 PM
secretary
regulation of retail forex
Dear sirs,
Once again I see that the government is going to try to "protect" the public form themselves. All of us are not stupid and
don't need your so called "protection." It ~vas bad enough that the leverage in retail forex ~vas cut to 100:1 but the new
proposal of 10:1 is absurd and unacceptable. Myself and many other traders ~vill close our US accounts and move
them to overseas companies ~vithout such absurd regulations. You have an opportunity to save the retail forex business
from a devastating blo~v that ~vill most surely destroy it, do the right thing for once.
Sincerely,
Richard Ashe
