Comment Text:
i0-001
COMMENT
CL-06573
From:
Sent:
To:
Subject:
cibarcena@msn, com
Monday, March 8, 2010 4:53 PM
secretary
Public Comment Form
Below- is the result of your feedback form. It was submitted by
([email protected]) on Monday, March 08, 2010 at 16:53:05
commenter subject: Regulation of Retail Forex
commenter frdate: March 8, 2010
commenter comments: It is apparent that this administration can't see
the difference from "gambling" and "calculated
risk". I, as a retailer, have spent a considerable
amount of time and money eduating myself in this
trade. I don't expect to "apply for TARP money" if
I were to incurr losses. This move to lower the
leverage for retailers will hurt not only
individuals like myself but brokers too. My
feeling is that if this regulation is approved,
many brokers will go out of business and clients
will move their trading capital elsewhere out of
this country which is at this time, over-regulated
and with too many laws and regulation poorly
enforced.
My belief is that this administration should invest
its eftbrts in better educating the consumer and
themselves in areas such as this one. After all,
we ALL profit from it.
Thank you,
commenter name: Celso Ibarcena
commenter withhold address on: ON
commenter addressl: 8201 W. Beardsley Rd.
commenter address2:#2064
commenter city: Peoria
commenter state: AZ
commenter zip: 85382
commenter phone: 623-572-0127
