Comment for Proposed Rule 75 FR 3281
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From:
Russell Loomis
Organization(s):
Comment No:
2944
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02944
From:
Sent:
To:
Subject:
Russell Loomis
Friday, January 22, 2010 6:24 PM
secretary
regulation of retail forex
I'm writing this email to express my concern over a regulation being
proposed to limit leverage the US retail forex market. All this will do
is cause traders to take their capital and trade it with brokers in
other countries. This regulation will cost the US jobs and encourage
capital to flee our markets. This will also discourage foreign capital
from entering are markets. Our goal should be to attract capital to the
US markets.
Please reconsider this dangerous legislation.