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Comment for Proposed Rule 75 FR 3281

  • From: Robert A Francisco
    Organization(s):

    Comment No: 4847
    Date: 2/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04847
    From:
    Sent:
    To:
    Subject:
    Robert Francisco
    Wednesday, February 3, 2010 7:38 PM
    secretary
    Regulation of Retail Forex
    As a tax-paying United States citizen who invests in the foreign exchange, I strongly object to the
    proposed new rule for off-exchange retail foreign exchange. Although the new regulation states that
    its intent is to protect investors, it is, instead, a restrictive rule which will limit a very large number of
    tax-paying investors from one of the world's largest investment marketplace. The passage of this rule
    will not only alienate many investors but it will also cut off a significant tax revenue stream for the US
    government.
    Please DO NOT pass this rule!
    Thankyou.
    Robert A. Francisco