Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Tim S
    Organization(s):

    Comment No: 5982
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05982
    From:
    Sent:
    To:
    Subject:
    Tim S.
    Thursday, March 4, 2010 11:08 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern,
    As a retail forex trader, I urge you to oppose any foreign currency trade rules proposed by the U.S.
    futures markets regulator, and the Commodity
    Futures Trading
    Commission (CFTC). The proposed
    rulings may force my retail broker to reduce/eliminate operations in the U.S., which may lead to myself
    moving out of the U.S., and taking jobs with me.
    As an OTC customer, I should have the right to mange and trade my own money, and should have the
    same advantages as other domestic markets. I ask that you preserve the current leverage levels, and
    oppose any amendments relating to financial derivatives and the forex trading markets.
    Sincerely,
    Tim