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Comment for Proposed Rule 75 FR 3281

  • From: George LaMontagne
    Organization(s):

    Comment No: 6392
    Date: 3/6/2010

    Comment Text:

    i0-001
    COIMMENT
    CL- 06392
    From:
    Sent:
    To:
    Subject:
    George LaMontagne
    Saturday, March 6, 2010 1:28 PM
    secretary
    Regulation of Retail Forex
    I am against the proposed legislation regulate retail Forex trading.
    I believe it is only a means to allow the very wealthy or international banks to participate in the Forex trade.
    I, for one, am retired, and Forex trading supplants a very limited retirement income.
    This regulation will prevent me and others like me from trading in a market that allows a secondary income. It also
    will definitely prevent the incentive to learn and the learning of the skill of Forex trading by a large number of people.
    This is not regulation "for the people" but, again, for powerful special interests.
    Sincerely,
    George LaMontagne