Comment Text:
i0-001
COMMENT
CL-06050
From:
Sent:
To:
Subject:
[email protected]
Friday, March 5, 2010 6:49 AM
secretary
Regulation of Retail Forex
To the Secretary of the CFTC:
I understand the importance of regulation that strengthens industry oversight in forex. I agree with policing and
regulating the industry, as was Congress' intent when empowering the CFTC to create additional rules. However, I
don't agree with policies that might clearly disadvantage firms in the United States which in turn disadvantage to tax
collections here and flight of capital.
A 100:1 leverage works in retail forex trading for US consumers and again is more benifficial tax wise for the US
goverment. Keep US capital in the US with good regulation on over regulation.
Regards,
Mr. Ryan A. Henry
