Comment Text:
i0-001
COMMENT
CL-05950
From:
Sent:
To:
Subject:
scott simpson
Thursday, March 4, 2010 9:12 AM
secretary
Regulation of retail forex
I am a small investor who uses the forex.com platform and I am absolutely opposed to this regulation. You will be cutting
guys like me out of the market and this is the only vehicle i've found that supports and educates me (the small guy) and gives
me the amount of leverage and tools to actually make a buck when my trades come to fruition. This regulation will take my
supplemental income as a part-time small investor away and hurt me financially because now i'll be risking more money to
get the same returns if the regulation is passed and could potentially squeeze me out of the market on a few losing
trades.Please don't pass this regulation. Sincerely, Scott Simpson (small investor)
P.S. We're all big boys. a simple disclosure of the risks and financial downside should suffice rather than more gov
interference.
