Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Thomas Kaufman
    Organization(s):

    Comment No: 6079
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06079
    From:
    Sent:
    To:
    Subject:
    TDK TDK
    Friday, March 5, 2010 9:59 AM
    secretary
    'Regulation of Retail Forex
    Dear David Stawick,
    I am deeply opposed to the increase proposed for the Regulation of
    Retail Forex. In regards to RIN 3038-AC61. I believe that these
    proposed regulations will so significantly change the leverage factor
    as to eliminate the forex trading opportunity for many individual
    traders.
    And in order to trade many traders would seek accounts outside the US.
    The Forex is a market that can not be manipulated by any one
    organization and certainly not by individual traders.
    Best regards,
    Thomas Kaufman
    Bronx, NY