Comment Text:
i0-001
COMMENT
CL-08492
From:
Sent:
To:
Subject:
Michael Cox
Thursday, March 18, 2010 12:21 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
I believe the new regulation for forex markets would be harmful to the market
participants especially retail customer. Tightening regulation in the US would
likely force customers oversees to unregulated broker-dealers causing fraud to be
more prevelent. Or it would push retail customers out of the market altogether,
thus reducing some liquidity. Please do not implement this new regulation further
deteriorating our financial strength.
Michael Cox
Retail forex customer.
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Sent from my Palm Pre
