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Comment for Proposed Rule 75 FR 3281

  • From: Kyle Mccarthy
    Organization(s):

    Comment No: 6413
    Date: 3/6/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06413
    From:
    Sent:
    To:
    Subject:
    kyle mccarthy
    Saturday, March 6, 2010 6:17 PM
    secretary
    Regulation of Retail Forex
    To Whom it May Concern:
    I am a 23 year old college student, who for the last year has been studying and practicing trading the
    foreign exchange market. In the last few months I have established an understanding of the movement
    of the markets and am in the process of starting a small business in the foreign exchange market. The
    proposed regulation would stop me from following through on this as it would no longer be profitable to
    do business in this field. Furthermore, my hard work for the past year to gain an understanding in this
    market would be for naught. I ASK YOU TO PLEASE NOT PASS THIS REGULATION. It does
    nothing but kill the retail trading market.
    Thank you