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Comment for Proposed Rule 75 FR 3281

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  • From: Noel Tonkin
    Organization(s):

    Comment No: 2957
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02957
    From:
    Sent:
    To:
    Subject:
    Noel Tonkin
    Friday, January 22, 2010 6:48 PM
    secretary
    Regulation of retail Forex
    If the proposal to set a maximum leverage of 10:1 for Retail Forex is implemented it will kill Retail Forex in the US
    and negate the other good proposals which would improve the situation. There will be nothing left to regulate. I
    will close my US accounts and trade only with European brokers, hoping that the authorities there will not follow
    this misguided policy.
    I look forward to hearing that this proposal is being withdrawn.
    Noel Tonkin
    Information from ESET Smart Security, version of virus signature database
    4798
    (20100122)
    The message was checked by ESET Smart Security.
    http://www.eset.com