Comment Text:
i0-001
COMMENT
CL-03220
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Saturday, January 23, 2010 10:59 AM
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 Michael
last name Steffano
address1 5104 Beverly Hills Drive
city Austin
country United States
us state TX
zip 78731
company Individual
Please reconsider implementing this regulation. Maybe a better solution is to require new
forex traders to participate to participate in formal online schooling and trading training to
achieve some sort of certification (basic, advanced, etc.) which allows them to
correspondingly increase the lot leverage. This approach would reduce misunderstanding of
forex and not penalize the seasoned traders.
