Comment Text:
i0-001
COMMENT
CL-07623
From:
Sent:
To:
Cc:
Subject:
Tom Richter - CompassFX.com
Monday, March 15, 2010 11:01 AM
secretary
[email protected]
Regulation of Retail Forex
Sirs,
In regard to RIN3038-AC61, it appears you have not looked at this fairly, it seems
to me you won't even allow the same leverage as Futures, this seems to be favoring
the CME, because of their decreased Globex volume in currencies, and in a time when
we need everything economically to help this country, you continue to drive huge amonts
of business offshore, away from your not well thought out proposed legislation.
Tom Richter
Compass Foreign Exchange LLC
Compass Financial Futures and Options
Tel +1 (800) 577-3600
Tel +1 (972) 680-8080
Fax +1 (972) 680-3355
http://www.CompassFX.com
http://www.CompassFinancial.com
Losses from commodity and forex currency investments may be greater than the initial investment(s). Commodity
and forex trading may not be appropriate for all investors and commodity and forex investments must be
evaluated in light of the potential risk of loss as well as the possibility of profit. Past performance results of a
particular trading strategy or program are not necessarily indicative of future results.
Trading Foreign Exchange (Forex) carries a high level of risk and may not be suitable for all investors. There is a
possibility that you could sustain a loss of all or more of your investment therefore you should not invest money
that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.
