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Comment for Proposed Rule 75 FR 3281

  • From: Vyril A Monk
    Organization(s):

    Comment No: 6006
    Date: 3/4/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06006
    From:
    Sent:
    To:
    Subject:
    Monk, Vyril A.
    Thursday, March 4, 2010 12:55 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC6
    Opposed to regulation on retail Forex. This would leave the small investor in jeopardy. The larger
    financial instiutions and the wealthy would monopolize the Forex market. No regulation allows the
    smaller investor to trade the Forex market. Generating possible income to spend back into the
    economy.
    Every Forex trader knows trading forex has risks. With more Forex trading-training and education, the
    small investor has a chance to gain profits
    through risk management. This bill is taking the chance away from the small investor-trader to gain
    profit and prosper in this economy. Why is the small
    investor-trader always effected by bills like this. The financial institutions and wealthy always gain and
    the small investor-trader loses. Is this equality
    in the USA?