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Comment for Proposed Rule 75 FR 3281

  • From: John Mclean
    Organization(s):

    Comment No: 5158
    Date: 2/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05158
    From:
    Sent:
    To:
    Subject:
    john mclean
    Monday, February 8, 2010 11:13 AM
    secretary
    Regulation of Retail Forex
    this proposed regulation changes are just going force Instutional investors and individual investors to move their money to
    overseas Brokerage's and Banks. This could be devastating to a sector of the investment industry, in the United States, not
    only moving money out of the United States but jobs as well. This could roll over into other sectors of the financial industry
    as Brokers and Bank to stay consolidated. I think this is a bad Idea and can't believe the United State is even considering
    actions suck as this.