Comment Text:
i0-001
COMMENT
CL-07581
From:
Sent:
To:
Cc:
Subject:
Zerighaber Woldemichael
Monday, March 15, 2010 4:54 AM
secretary
[email protected]
'Regulation of Retail Forex'
Re: RIN 3038-AC61
This is a very disappointing regulation proposal which you are considering to implement! In my opinion, this
regulation is intended to stop Forex trade for the poor guy like myself that try to make a living by trading
Forex. Most the retail Forex traders do not have huge resources at their disposal like the institutions, and
what you are proposing will prevent any ordinary person to trade Forex with proposed 10:1 leverage. Even
the 100:1 is not an easy for someone who is starting to trade Forex.
The proposed regulation might be beneficial for your bureaucratic obstacle actions, but as far as I am
concerned you are only giving the rest of us a hard time by introducing many unnecessary regulations. This
proposed change is ludicrous and must not be implemented.
Zeri
