Comment Text:
i0-001
COMMENT
CL-05245
From:
Sent:
To:
Subject:
rtillmoncto
Monday, February 8, 2010 9:45 PM
secretary
Regulation of Retail Forex
As a long time taxpayer and registered voter I want to go on record
opposing the the proposed regulation changing the leverage for trading
forex from 100:1 to 10:1. I really believe this is not in the best
interest of anyone in the forex trading community.. It will surely
drive some forex brokerage firms "offshore" and force retail traders to
open accounts overseas. This can be no good for anyone as more traders
will be at the mercy of unscrupulous and unregulated brokerage firms
without regulatory oversight.
Please consider this with US traders in mind.
Sincerely,
Robert E. Tillmon
McKinney, Tx.