Comment Text:
i0-001
COMMENT
CL-08307
From:
Sent:
To:
Subject:
Robert Hales
Wednesday, March 17, 2010 8:01 PM
secretary
"Regulation of Retail Forex"
RIN 3038-AC61
I am writing to express my concerne about the proposed new changes to the leaverage allowed to retail
customers.
It is well known that large amounts of money at the market to maniulate the price against the small retail traders, I
am talking every day mums and dads are fighting a losing battle to make a dollar agains their own brokers,
without the normal everyday occurances that move the market.
The implementation of the new rules just moves the ball further into the brokers court.
As I see it the current surge in participants in forex will do a rapid reversal, because everyday mums and dads will
be priced out of the market.
Robert Hales.
Concerned Forex Trader,
