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Comment for Proposed Rule 75 FR 3281

  • From: Juan Lado
    Organization(s):

    Comment No: 4893
    Date: 2/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04893
    From:
    Sent:
    To:
    Subject:
    Juan Lado
    Wednesday, February 3, 2010 10:53 PM
    secretary
    Regulation of Retail Forex ID#RIN 3038-AC61
    The propose rules on page 3294 says:
    "As to the second group, registration will require the submission of application forms, fingerprinting of principals,
    and payment of registration fees. To the extent that CTAs can be considered to be small entities, the Commission
    does not consider either the proposed registration fee or the proposed fingerprinting requirement for newly
    registered CTAs to have significant economic impact.104"
    In my opinion, the registration might not have a significant economic impact but the membership with the NFA will
    definitely be a significant economic impact for small entities.
    Sincerely,
    Juan