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Comment for Proposed Rule 75 FR 3281

  • From: Philip Hersey
    Organization(s):

    Comment No: 6889
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06889
    From:
    Sent:
    To:
    Cc:
    Subject:
    gammon4u
    Friday, March 12, 2010 7:14 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    I strongly object to the proposed leverage limitations.
    If this regulation becomes effective I will move my accounts out of US jurisdiction.
    I also suggest that the proposed regulation will adversely affect US brokerages, as many customers
    will simply move their accounts off shore, out of intrusive and over-regulated US markets.
    Philip Hersey