Comment Text:
i0-001
COMMENT
CL-07458
From:
Sent:
To:
Subject:
Magnus H~kansson
Sunday, March 14, 2010 11:09 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear CFTC,
I'm a Swedish retail forex trader using Oanda to execute my trades. Your proposed changes could well be the blow
of death to the US retail brokers as they would have a hard time competing on a global market for retail traders like
myself. I choose a US broker for the well regulated and stable financial community the US has. If US brokers
disappear I will be left with one choice less and that will hardly be of benefit to anybody, with the exception of less
serious brokers located in various off shore places.
Do you really want to force retail FX traders into the hands of these companies while at the same time hurting or
potentially even wiping out your domestic retail FX brokers?
Regards,
o
Magnus Hakansson
Address:
Bj6rkebodav~gen 222
290 37 Arkelstorp
Sweden
