Comment Text:
i0-001
COMMENT
CL-03843
From:
Sent:
To:
Cc:
Subject:
Sherman Mohr
Monday, January 25, 2010 4:55 PM
secretary
mohr@currencyinvestorsgroup, com
'Regulation of Retail Forex"
Dear Secretary Stawick,
I have no real hope of this email or the scores of others you are receiving having any real affect on the regulation
proposed.
The entire process of moving toward an exchange will serve only to inhibit US based retail spot trading and move
accounts offshore.
I am making ready even as I type this letter to you, a mechanism to offer US citizens the ability to seamlessly
open foreign or IBC's and trade from those.
The IBC's will then facilitate massive exodus of capital from the US.
If I, a lowly Introducing Broker, am forced by market conditions, to make this move so as to afford US citizens
control over their own risk appetites, I can only
imagine what the big guys are doing.
Mission accomplished with this regulation. Killing the retail spot market in the US. That is what you and your
lobbyist desire, correct?
Until we allow our citizenry to be held responsible for their own decisions again and keep you guys out of the
mix...nothing will improve.
The ONLY reason there are ever problems is greed and ignorance. You shouldn't be regulating either one of
those.
Respectfully but only due to your position,
Sherman Mohr, CEO
Currency Investors Group, LLC
1804 Williamson Court, Suite 207
Brentwood, TN 37027
moh r@currencyinvestorsg roup.com
615-568-6633 Cell
