Comment for Proposed Rule 75 FR 3281
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From:
Kenneth Cole
Organization(s):
Comment No:
2124
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02124
From:
Sent:
To:
Subject:
Kenneth Cole
Thursday, January 21, 2010 7:18 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Are you serious about this proposal. You are effectively killing the small time speculator who
cannot afford 10K
Your proposal sucks. If someone is uneducated and loses their money in forex, that is the
market.
How can you take that decision, which is preposterous, and suddenly create such a
widespread consensus that it will make the forex market better.
Please reconsider. Enough has been done to identify the risks involved in the market, without
restricting the small time
investor.
Sincerely
Kenneth Cole.