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Comment for Proposed Rule 75 FR 3281

  • From: Earl Best
    Organization(s):

    Comment No: 3297
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03297
    From:
    Sent:
    To:
    Subject:
    EARL BEST
    Saturday, January 23, 2010 2:28 PM
    secretary
    Regulation For Retail Forex
    Hi, It has come to our attention that the governing body of the Forex industry in
    America
    is
    proposing to make some drastic changes to the Forex industry by using a 10 : 1 ratio in any
    Forex investment.
    Categorically speaking, this ruling will move tremendous amounts of monies from
    America's
    monetary system and slow down it's recovery to a crawl.
    With the implementation of such an outrageous ruling the Forex market place will
    collapse causing the shifting of Off-shore money investing that will make the depression of
    Wall Street look like a Picnic.
    Take a good look at this proposal again and should this decision remain the one of choice,
    then kiss the recovery" GOODBYE". "There
    must be a better way than this."
    Concerned Patriot*