Comment Text:
i0-001
COMMENT
CL-08293
From:
Sent:
To:
Subject:
[email protected]
Wednesday, March 17, 2010 7:27 PM
secretary
Regulation of Retail Forex
Dear Mr. Secretary::
With reference to the above subject, I strongly urge you not to consider the proposed
changes regarding RIN 3038-AC6.
1. Funded accounts currently in the U.S. system can be expected to go offshore.
2. Forex fraud may worsen, not improve. Unregulated dealers from around the world will
thrive, while operating without requirements for capital adequacy, risk management
models, marketing ethics, dealing practices or even returning of customers funds.
3.The United States may cost itself millions of dollars in trade revenue.
4. Thousands of white collar jobs that require an advanced education and range from
software developers to accountants to foreign exchange dealers may be eliminated, or
move out of the United States.
Thank you,
Bernie Rubin
Sunset Home Inspection, Inc
15560 N. Frank Lloyd Wright Blvd. Suite B4-138
Scottsdale, AZ 85260
Office: 480-614-6543
Cell: 480-330-8730
Fax: 602-765-2599
http://www, sunsethomeinspection.com/
Member: Independent Home Inspectors of North America
http://www.independentinspectors.org/
Confidentiality Notice
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Home Inspection, Inc. for the use of the named individual or entity to which it is directedi0-001
COMMENT
CL-08293
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