Comment for Proposed Rule 75 FR 3281
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From:
RW
Organization(s):
Comment No:
902
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-00902
From:
Sent:
To:
Subject:
R W
Wednesday, January 20, 2010 1:38 AM
secretary
Regulation of Retail Forex
I personally think that changing the ratio from 100 to 1,,down
to 10 to 1,,will completely collapse the trading market in the
retail sector and find that most investors will transfer their
funds from U.S. to Europe or Asia markets ....
causing billions
of funds lost in the U.S.. This is a major mistake, with the
value of the Dollar has already been cripple,by the economy,
the unemployment,the housing market still in trouble,not to
mention the Commercial Real Estate being the next bubble
to burst,,,,Bottom line is,most if not all traders will go to
Europe and Asia,,and U.S. will lose billions upon billions
that could of been traded here in revenue alone in daily
trades x 356 days a year .......YOUR CHOICE
