Comment Text:
i0-001
COMMENT
CL-08647
From:
Sent:
To:
Subject:
Maly Sayaovang
Friday, March 19, 2010 10:35 PM
secretary
[email protected]
Regulation of Retail Forex : identification number RIN 3038-AC61
David Stawick,
Secretary, Commodity Futures Trading Commission,
1155 21 st Street, NW,
Washington, DC 20581
Congratulation for your proposal to make a change in the Forex Retail Industry the American
people enjoyed for many decades ego. Have you ever figured out that THESE CHANGES
WILL EFFECT FOREX TRADERS AND THE AMERICAN ECONOMY ?
Should the 10 to 1 leverage rule proposed by you the CFTC be adopted:
a) Funded account currently in the U.S. system will definitely and immediately shifted to over seas?
b) Thousands and thousands of jobs in this business will be eliminated, or move out of the U.S. ?
FYI, I am a full time trader who live here in the U.S. and a small investor. I will wait for your
proposal to take effect so I can send my funding offshore.
Thanks,
Maly S.
