Comment Text:
i0-001
COMMENT
CL-04464
From:
Sent:
To:
Subject:
Wayne Adams
Friday, January 29, 2010 5:47 PM
secretary
Regulation of Retail Forex'
RIN 3038-AC61
Dear Sirs,
This proposal will destroy the retail Forex market in the United States. Many new traders only
want to use a small amount of capital to start off. This proposed 10:1 requirement will increase
the cost of trying out Forex by 10 fold. This will, undoubtedly, push retail traders out of the
country to jurisdictions without this requirement.
With Regards,
Wayne Adams