Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Anonymous
    Organization(s):

    Comment No: 7943
    Date: 3/16/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-07943
    From:
    Sent:
    To:
    Subject:
    [email protected] on behalf of
    niclas hj erth
    Tuesday, March 16, 2010 2:52 PM
    secretary
    Regulation of Retail Forex
    Reducing the allowed leverage to 10:1 will only force small investors to use off shore banks with even
    less regulation. How many of those do you think will pay US income taxes on that money?
    It's a bad idea as it only hurts the little guy and the smaller brokers. Extremely wealthy people and
    corporations will be fine.