Comment Text:
i0-001
COMMENT
CL-07758
From:
Sent:
To:
Subject:
Mark Rivera < [email protected]>
Tuesday, March 16, 2010 1:09 AM
secretary
Regulation of Retail Forex
Dear Mr. Stawick,
Limiting the leverage may turn off many brokers to do business in the US and many traders will stop trading or
transfer their accounts offshore. Is that what you want to happen? Let traders be traders. Instead of interfering with
how retail traders actually trade why don't you find a way to protect them in a better way. Why don't you look into
increasing the capital requirements for OTC forex brokers and requiring segregated accounts, as these are real
consumer protection issues. Deal with the brokers, we traders can handle trading ourselves.
Thank you,
Mark Rivera
