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Comment for Proposed Rule 75 FR 3281

  • From: Sean D Kelly
    Organization(s):

    Comment No: 8123
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08123
    From:
    Sent:
    To:
    Subject:
    SEAN D. KELLY
    Wednesday, March 17, 2010 3:00 AM
    secretary
    Regulation of Retail Forex
    Hi,
    I wanted to let you know I am very much against this proposal. I have been following the forex market for a couple
    months now and was ready to start trading, but recently have changed my plans. After hearing about the proposed
    change, I will either not enter the market or bring my business overseas. I assume the logic behind this move is to
    protect the retailers, but the opposite effect will happen. Also, we have no idea how a move like this will affect the
    world market especially in the current turbulent times. I wanted to make my voice heard and know that for every
    person who contacts you there are many others who hold the same view but are not speaking up. Hope you have a
    wonderful day.
    Sean