Comment Text:
i0-001
COMMENT
CL-04496
From:
Sent:
To:
Subject:
Jayne Frye
Friday, January 29, 2010 7:13 PM
secretary
Regulation of Retail Forex
Dear Secretary Stawick,
I want to let you know that I am
strongly
opposed to the
10:1
leverage rule
regulating retail forex.
This rule will drive traders to open accounts offshore and will result in
U.S.A. forex dealers going out of business. This ruling will cause
forex traders to open accounts overseas when they could trade in a
well regulated market here at home
Fraud will get worse and
jobs will be lost.
Please reconsider your position. This rule will do tremendous damage
to traders and dealers alike.
Thank you for your consideration.
Jayne Frye
