Comment Text:
i0-001
COMMENT
CL-05339
From:
Sent:
To:
Subject:
Cosmos Young
Friday, February 12, 2010 5:05 AM
secretary
Regulation of Retail Forex
hello dear CFTC,i'm benson nwankwo.a retail trader with FXCM LL.i wish to express my view on the issue on the propose
regulation on forex trading.though, i welcom the idea that more and more of new new rules should be introduced to the
system in order to aid its' growth and stability.but this new rule is definitily on the side of counter productive on the side of
both the participacting companys and the retail traders.with this rule a certain amount of retail traders will be pushed out from
participacting in the US trading family.so my final stand is this- I,as participant in market,the propose regulation is counter
productive.i do not welcome it.
