Comment Text:
i0-001
COMMENT
CL-08602
From:
Sent:
To:
Subject:
ALLAN PERSON
Friday, March 19, 2010 11:58 AM
secretary
Fw: RIN 3038-AC61
THANK YOU!
ALLAN Person
American!
I am personally trading now overseas ....
why?
--- On Fri, 3119110,
ALLAN PERSON
wrote:
From: ALLAN PERSON
Subject: RIN 3038-AC61
To: [email protected]
Date: Friday, March 19, 2010, 10:49 AM
I know you guys may feel some of your current changes regarding
countries financial position but Please consider the following.
RIN 3038-AC61 may be to help our
Should the 10 to 1 leverage rule proposed by the CFTC be adopted:
Funded accounts currently in the U.S. system can be expected to go offshore.
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.
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.