Comment Text:
i0-001
COMMENT
CL-04769
From:
Sent:
To:
Subject:
Normand Smith
Tuesday, February 2, 2010 5:00 AM
secretary
Regulation on Retail Forex
Dear Sirs:
I urge you to reconsider and not change the rate of exchange for the Forex markets from 100:1 to
10:1.
You have already hurt the individual trader and this will further kick those traders from doing
business entirely.
Itradefrom a very small account and the drop in the rate will wipe me out. I speak for those in
our Forex user group
and I know this is not best for us.
Thank you for your consideration and I am sure if this was proposed by big business and the
government; you will not
consider the small accounts and convert the change. I pray you do not regulate this change.
Regards,
Norman Smith
281 447 3359 home
281 513 5446 cell
nsmith0 [email protected]
