Comment for Proposed Rule 75 FR 3281
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From:
Peter Anastasiadis
Organization(s):
Comment No:
2739
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02739
From:
Sent:
To:
Subject:
Peter Anastasiadis
Friday, January 22, 2010 2:13 PM
secretary
Regulation of Retail Forex
Dear CFTC:
Regarding the Regulation of Retail Forex, RIN 3038-AC61, I strongly believe that regulation is needed including the 10:1
leverage change AND all stops and limit orders should be invisible to the dealing bank. Otherwise they will continue to "run
the stops." It is definitely not a level playing field and this market should be HIGHLY regulated as well put on an exchange, if
that is possible. All orders should be sent to the dealing bank as a market order from a centralized exchange that is
accessible to no one.
Regards,
Peter Anastasiadis
253 Caleb Drive
West Chester, PA 19382
302-5478-9077