Comment Text:
i0-001
COMMENT
CL-03849
From:
Sent:
To:
Subject:
Jeff Solomon
Monday, January 25, 2010 5:03 PM
secretary
Regulation of Forex Companies - RIN 3038 [] AC61
RIN 3038[]AC61
I have now read the whole bill proposed by CFTC. Regulating the retail forex dealers accounts and
books is fine.
However, again if you change traders leverage to 10:1 and allow banks to have retail forex at 100:1 that
is unfair practice. As I said in the message before, this makes the CFTC look bad. It appears you are
bought off by the banks.
Just like Ben and the entire corrupt Fed Reserve. The regulator of TARP has even said the Fed
Reserve is obstructing their ability to regulate TARP agreements.
The US has the highest descrepancy of wealth in the world - that means it is the most corrupt country in
the world by definition. Do not add to this terrible reputation.
