Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Tyre C Hollander
Organization(s):
Comment No:
8697
Date:
3/20/2010
Comment Text:
i0-001
COMMENT
CL-08697
From:
Sent:
To:
Cc:
Subject:
Tyre C Hollander
Saturday, March 20, 2010 2:37 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Tyre C Hollander in Camano Island, WA
1. Revise the proposed rules to permit a Forex IB to operate either as an independent IB subject to the same
minimum capital requirements that apply to a futures IB or as a guaranteed IB.
2. Undertake a study of the retail Forex markets to assure that the rules it ultimately adopts are based on a solid
factual understanding of the markets and are tailored accordingly.
3. Defer to NFA to set appropriate leverage restrictions as it relates to the proposed 10:1 leverage. An onerous
leverage restriction, such as this, creates opportunities for unregistered fraudulent schemes to exploit U.S.
customers is contrary to the public interest.
This mail was sent via IB Coalition http://ibcoalition.org/take-action/
