Comment Text:
i0-001
COMMENT
CL-00194
From:
Sent:
To:
Subject:
[email protected]
Saturday, January 16, 2010 3:29 PM
secretary
Regulation of Retail Forex
This is outrageous!A 10:1 leverage limitation would destroy the small investor.I quit my job 3 years ago to learn
the forex market,and now this will destroy all the hard work, time and a large part of my savings i have put into
training and software .I understand that rules and regulations are necessary to protect us from sleazy and
corrupt brokers,( mainly offshore), account managers and Brokerages that look to be legitimate but remain
unregistered and not properly funded.This will cost jobs which we cannot afford.The
really good rules closing
registration loopholes won't matter so much if there aren't any US forex businesses left to register.Please
consider the consequences this will have on the unemployed who rely on retail investing for their
livelihood. Thank you for your time.
Respectfully yours, Randall Lowe
