Comment Text:
i0-001
COMMENT
CL-04248
From:
Sent:
To:
Subject:
[email protected] on behalf of
Burt Berger
Wednesday, January 27, 2010 10:56 AM
secretary
Regulation of Retail Forex
Regulation of Retail Forex
Dear Secretary,
I am a small Forex Trader and Do not agree with the new proposed regulation that would increase the
amount of money in margin, thus making it tougher for the small trader and making it much harder on
the firms in the United States and giving the advantage to firms that are in other countries, Do you
really think this will effect any of the bigger private traders ????? No they will use a firm located
somewhere other than the U.S. - ......... This will do nothing but disadvantage people like me and cause
losses of the firms in the us that service retail traders. I understand all of the new proposed Red Tape in
Banking and Finance industry in lew of the Recession, but some of the new more strengent proposed
regulations are not good in the long run for us.
Thank You,
Dr. Burton Berger D.C.
