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Comment for Proposed Rule 75 FR 3281

  • From: Greg Kitchen
    Organization(s):

    Comment No: 6053
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06053
    From:
    Sent:
    To:
    Subject:
    kitchen 78@comcast. net
    Friday, March 5, 2010 8:24 AM
    secretary
    regulation of retail forex
    Good Morning,
    My name is Greg Kitchen
    971 E 4555 S
    SLC, UT 8417
    801-268-8955
    kitchen78@comcast, net
    Couldn't help but notice the quote from Pres Obama on the cover of the 2-22-10 issue of Business Week
    magazine.
    "We are pro-growth. We are fierce advocates for a thriving dynamic free market".
    He's right!And that is exactly what we currently have in the forex retail market.
    The proposed regulation would shut down a billion dollar industry, it would negatively impact the employment
    status of thousands of Americans, it would send significant US dollars overseas, benefiting their economies
    and citizens, and it would crush the hopes and dreams of millions of American investors. That being said it
    just doesn't make any sense in these difficult economic times.
    Thank you for the opportunity to express my views/feelings.
    Sincerely,
    Greg Kitchen