Comment Text:
i0-001
COMMENT
CL-07761
From:
Sent:
To:
Cc:
Subject:
philip kerver
Tuesday, March 16, 2010 1:20 AM
secretary
[email protected]
regulation of retail forex
Re: RIN 3038 - AC61 I am stongly opposed to the proposed leverage changes in retail forex accounts. This will
accomplish nothing but to frustrate and punish the small investor. As you well know, the forex is a world wide
market. This proposal will ultimately do harm to the U.S. economy by chasing investor money overseas where the
leverage rule will not apply and the income tax from the profits will not be realized by the IRS.
