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Comment for Proposed Rule 75 FR 3281

  • From: Matias Martinez
    Organization(s):

    Comment No: 8242
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08242
    From:
    Sent:
    To:
    Subject:
    Matias Martinez
    Wednesday, March 17, 2010 5:57 PM
    secretary
    Regulation of Retail Forex
    To whom corresponds,
    Im a forex trader with 5 years of experience and i believe that the new regulation will hurt traders
    and its of no practical (or otherwise) use to anybody. The only thing that will do is, maybe reduce the
    amount of complains with which you have to deal with as a result of cutting out of the bussiness all the
    small traders that will need to go off-shore in order to trade, but its not valid reason because in the end
    its your job to deal with those complains. The idea that it is to protect the customers its ridiculous, we all
    know the risks and we sign disclaimers for that. I strongly oppose and advise against it. Identification
    number RIN 3038-AC61
    Sincerely
    Matias Martinez