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Comment for Proposed Rule 75 FR 3281

  • From: Robert G Steele
    Organization(s):

    Comment No: 3102
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03102
    From:
    Sent:
    To:
    Subject:
    Robert Steele
    Saturday, January 23, 2010 1:25 AM
    secretary
    Regulation of Retail Forex
    First, the proposed 10.1 rule will put many of us Forex Traders out of business. I will have to move alot of money
    offshore should this proposed rule go into effect.
    Secondly, this proposed rule will put hundreds if not thousands of Americans out of jobs at a time when jobs are
    needed most.
    The good parts of your rules in closing registration loopholes will not matter if there are no US Forex businesses
    left. We have already been hard by changes made recently to US Forex Brokers by certifying agencies.
    You need to reconsider changes to the proposed rule changes.
    Thank you,
    Robert G. Steele
    647 W Wolfcreek Rd
    Blairsville, GA 30512