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Comment for Proposed Rule 75 FR 3281

  • From: Vyril A Monk
    Organization(s):

    Comment No: 6111
    Date: 3/5/2010

    Comment Text:

    io-ooi
    COIVIMENT
    CL-06111
    From:
    Sent:
    To:
    Subject:
    Monk, Vyril A.
    Friday, March 5, 2010 10:15 AM
    secretary
    'Regulation of Retail Forex'
    RIN 3038-AC61
    This bill would eliminate the small investor-trader. Why is the small guy always affected. The small trader
    tries to improve his living comfort by having a chance to trade on a much smaller scale compared to
    financial institutions and the wealthy. The small investor -trader is aware of the risk of trading. It is his
    judgment to actively participate.
    This bill is inhibiting the small investor -trader to be able to generate
    funds to live more comfortable and put back into the economy.
    Education on trading is the key, not put higher restrictions on being able to trade. The right of equality
    would be taken away if this bill passes. Is this the American
    Way?
    V.Monk