Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Kerry Wingo
    Organization(s):

    Comment No: 7882
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07882
    From:
    Sent:
    To:
    Cc:
    Subject:
    Kerry Wingo
    Tuesday, March 16, 2010 1:12 PM
    secretary < secretary@ C FTC. g ov >
    cftcfeed back@ fxd d. corn
    Regulation of Retail Forex
    I am STRONGLY opposed to the reduction in leverage and resulting increase in margin
    requirement. This proposal will limit wealth generation while raising entry requirements ultimately
    reducing tax revenue for the gov't by forceing retail investors to goto foreign brokers. This also
    hurts U.S. based brokers further reducing revenue for the U.S..
    Seriously. Who is coming up with this stuff. This further hurts our country by hurting individuals
    and business. Don't shoot the cash cow.
    Thank you for hearing my concerns.
    kerry wingo
    Hotmail has tools for the New Busy. Search, chat and e-mail from your inbox.
    Learn More.