Comment Text:
i0-001
COMMENT
CL-03432
From:
Sent:
To:
Subject:
Angela Villanueva
Sunday, January 24, 2010 12:11
AM
secretary
FOREX RULE 10:1
I think with this rule you are only protecting big FISH.
Right now I have 11 months studying forex and I want to trade in my
account with 30K., but if this rule will become approved I do not have
any other choice but to move my money to a foreign forex trading
company though I have to pay taxes but if I become successful trading
forex I know the only people suffering conseciences are USA economy.
Will be less jobs, money flying from USA to other foreign accounts and
some of them cheating USA system.
Retail Forex traders generate lots of money to USA economy.., so why
trying to spoil it and only lead to BIG FISH, like in stock market
that some of these Know only to loose money. Some Retail traders
perform much better that those wholesale traders and Uncle Sam is
receiving much better profits from this retail traders than WRITING
OFF LOSSES from big fund managers Who know how to cheat the system
and profits reporting are nothing.
15 years ago I open and Account with a FUND... performing so well.. I
deposited 20k initially and after 10 years y received only
$10.800.00., How much was lost in those 10 years? and still I have to
paid taxes when I withdraw the money, plus penalties .
This restriction is STUPI AND INSANE if you really take this
regulation ON in a future., only to favor BIG BROKERS.
Sincerely,
Angela villanueva
