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Comment for Proposed Rule 75 FR 3281

  • From: no-replyerulemaking
    Organization(s):

    Comment No: 2827
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02827
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Friday, January 22, 2010 3:59 PM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first_name ty
    last name kim
    address1 po box 9670
    city silver spring
    country United States
    us state
    zip 20916
    company na
    wow 10 to 1 from 100 to 1 from 400 to 1 margin.
    it seems too offensive if not extream to retail forex account holders and future holders.
    somehow it reminds me of North Korea which is a extreme communist country that just
    changed currency with very low lifetime exchangeable limits to new currency from the old
    without much safety to it's people to squeeze out money from developing free economy.
    mm, are you trying to tell retail forex account holders that do extra research and open a new
    account in a foreign soil that provide much greater margin rate and even complicate tax
    situation for them? are you try to over regulate to dry-up the forex sector like a cracking soil in
    Africa?