Comment for Proposed Rule 75 FR 3281
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From:
Lynn Irons
Organization(s):
Comment No:
2057
Date:
1/21/2010
Comment Text:
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COMMENT
CL-02057
From:
Sent:
To:
Subject:
Lynn Irons
Thursday, January 21, 2010 6:06 PM
secretary
Regulation of Retail Forex
I have reviewed the proposed legislation in regards to retail forex.
Much of the legislation would be good for the industry expect for the reduced leverage to 10/1. This make no
sense and should only be allowed to be regulated by the individual trader.
All that this portion of the legislation would accomplish is a loss of US jobs due to trading firms going out of
business after traders are forced to use none US companies for their trading needs.
Lynn Irons
Boulder, CO
