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Comment for Proposed Rule 75 FR 3281

  • From: Lonnie Evans
    Organization(s):

    Comment No: 6087
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06087
    From:
    Sent:
    To:
    Subject:
    Rahkay E
    Friday, March 5, 2010 10:02 AM
    secretary
    'Regulation of Retail Forex'
    I don't even understand the purpose of regulating the amount of leverage in the market. This is nothing but an
    attempt to keep individual investors from being able to make a living. If you want to regulate anything you need to
    make retail banks more honest and provide more transparency in their operations (in regards to stop hunting,
    spread changes, etc.).
    This proposal is evil to me and make absolutely no sense. How does this regulation help anybody. Leave this
    market alone unless, like I said, you're going to regulate the abuses done by the brokers. I will be contacting my
    congressman about this and making sure he's aware of this unneccessary proposal (RIN 3038-AC6:~) .
    Thank you,
    Lonnie Evans
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