Comment Text:
i0-001
COMMENT
CL-00234
From:
Sent:
To:
Subject:
Tony Hamblin
Sunday, January 17, 2010 8:07 AM
secretary
Regulation of Retail Forex
CFTC,
I'm writing this in response to the news that I just received that further government
regulation will be imposed on my retail forex trading account. You people will not
stop until the free market is crippled of destroyed forever will you? Please give me a
reason you need to regulate every small forex trader out of business. Increasing the
margin requirements in such a manner will force every small and perhaps large
traders into the hands of foreign brokers.
I completely oppose this needless regulation and l'm prepared and l'm advising my
friends to move their accounts to foreign brokers without such ridiculous regulations.
The day this regulation goes into effect is the day I move my accounts to brokers
outside this country who don't see the need to regulate the market into oblivion.
Regards,
Robert A. Hamblin
