Comment Text:
i0-001
COMMENT
CL-04019
From:
Sent:
To:
Subject:
Frank Luksic
Tuesday, January 26, 2010 9:26 AM
secretary
identification number RIN 3038-AC61
Dear Sirs,
With reference to the new proposed 'Regulation of Retail Forex' (identification number RIN 3038-
AC61) specifically the change in leverage.
This measure is unnecessary and will certainly kill the USA forex market. As I am an international
investor I choose to invest my money within US brokers and the USA. Unfortunately if RIN 3038-
AC61 were to become active I (and millions of other customers) will be forced to completely
remove funds and reallocate all moneys to foreign countries like Great Britain, Switzerland and
Singapore. This would have an extreme negative effect on the US currency market and not to
mention the economic effect.
I strongly urge you abandon this deeply unpopular proposal.
Regards,
Frank Luksic