Comment Text:
i0-001
COMMENT
CL-04847
From:
Sent:
To:
Subject:
Robert Francisco
Wednesday, February 3, 2010 7:38 PM
secretary
Regulation of Retail Forex
As a tax-paying United States citizen who invests in the foreign exchange, I strongly object to the
proposed new rule for off-exchange retail foreign exchange. Although the new regulation states that
its intent is to protect investors, it is, instead, a restrictive rule which will limit a very large number of
tax-paying investors from one of the world's largest investment marketplace. The passage of this rule
will not only alienate many investors but it will also cut off a significant tax revenue stream for the US
government.
Please DO NOT pass this rule!
Thankyou.
Robert A. Francisco