Comment Text:
i0-001
COMMENT
CL-08800
From:
Sent:
To:
Cc:
Subject:
Alan Phua
Sunday, March 21, 2010 10:30 PM
secretary
alan.phua. [email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Alan Phua in Singapore, Singapore
The new regulation to restrict independent IBs to one broker will not solve the problem of over speculation. Firms can still
subscribe to different brokers and trade multiple accounts at the same time.
This new regulation regarding independent IBs will not solve the problem but only create frustrations for traders in the
market that provide crucial liquidity.
Please consider taking away this rule. Thank you.
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