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Comment for Proposed Rule 75 FR 3281

  • From: Delbert J Holgate
    Organization(s):

    Comment No: 6897
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06897
    From:
    Sent:
    To:
    Subject:
    James Holgate
    Friday, March 12, 2010 7:20 PM
    secretary
    Regulation of Retail Forex
    CFTC:
    I am not certain what the definition of "retail Forex customer" is but it could be redefined to include the
    small accout customers as well. If that were to happen only the large accounts could be able to trade and
    small and growing accounts would be eventually eliminated in favor of the large accounts.
    Also, the investors who invest through brokerage accounts would be very limited as to their investment
    returns. Therefore, a lot of people will be effected by that move no matter what it is aimed toward.
    Sincerely,
    Delbert J. Holgate