Comment Text:
i0-001
COMMENT
CL-04258
From:
Sent:
To:
Subject:
Christine Frasca
Wednesday, January 27, 2010 11:30 AM
secretary
Regulation of Retail Forex
Dear Sir/Madam,
I am 56 years old with a job that pays $9.29 an hour. It does not cover my monthly expenses. My
elderly parents float me the rest of what I need from what I will inherit from them.
When this method of investing came to my attention, I screamed with excitement. I have just now
gathered enough funds to make an initial deposit andw ithin the moth will be trading live.
If these new regulations go into effect, you will have banished me from the rest of my income earning
life.
I realize that you are attempting to protect the general public however, this regulation is not how to do
it. A better wat would be to make sure that when the governemnt lends money to the banking
institutions, that they make that the money they lend goes directly to the comsumer thru loans. Make
the baning/savings institutions provide proof to you that the funds are actually going there.
DO NO turn the little guy away from a level of investing that he/she is ACTUALLY capable of meeting.
Please do not let this regulation pass into the system.
I have no where else to go.
Thank you.
Sincerely,
Christine Frasca
