Comment Text:
i0-001
COMMENT
CL-03003
From:
Sent:
To:
Subject:
Brian Taylor
Friday, January 22, 2010 8:13 PM
secretary
Regulation of Retail Forex
Dear David Stawick,
I am very concerned about the new CFTC regulations that will limit access to retail Forex. This source of income
is important to many and it seems that the regulations will force Forex transactions overseas - is this what we
really want?
It seems that the new rules are being implemented to reign in financial organisations but at the expense of retail
users - is this the right thing to do? I have read that Australia (and possibly other countries) have not suffered
any financial collapses but they still have retail Forex - so I agree that we are not regulating our financial
organisations properly but if other countries have proper regulation of financial organisations but still have retail
Forex then why can't we?
Kind Regards,
Brian Taylor
