Comment Text:
i0-001
COMMENT
CL-08463
From:
Sent:
To:
Subject:
Kevin R. Williams
Thursday, March 18, 2010 10:06 AM
secretary
Regulation of Retail Forex
Dear David,
I am writing in regards to RIN 3038-AC61 and I want to voice my displeasure with the
proposed changes. If these changes are approved forex fraud will worsen and 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. The United States may cost itself millions of dollars in trade revenue.
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. Please do not make the proposed changes.
Thank you for your time,
Kevin R Williams
Commercial Auditor NCRF
5401 Six Forks Rd
Raleigh, NC 27609
919-645-3178
[email protected]
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