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Comment for Proposed Rule 75 FR 3281

  • From: William J Sullivan
    Organization(s):

    Comment No: 977
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00977
    From:
    Sent:
    To:
    Cc:
    Subject:
    Diane Smith
    Wednesday, January 20, 2010 12:44 PM
    secretary
    Sully III
    Regulation of retail Forex
    David A. Stawick
    Dear Sir:
    If legislation is passed to limit the leverage of Forex to 10 to1 (from 100 to
    1), the U.S. brokers will simply move offshore or we will be dealing with foreign
    Forex brokers, probably reducing the taxes that should be collected from U.S.
    citizens.
    Thankyou.
    William J. Sullivan,
    III
    5600 Poe Avenue
    Dayton, Ohio 45414
    (937) 277-1681
    [email protected]