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Comment for Proposed Rule 75 FR 3281

  • From: Joe Ponds
    Organization(s):

    Comment No: 991
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00991
    From:
    Sent:
    To:
    Cc:
    Subject:
    Joe Ponds
    Wednesday, January 20, 2010 2:07 PM
    secretary
    [email protected]
    Regulation of Retail Forex in the subject line of the message
    First you guys got rid of hedging followed by the FIFO rule now you want to limit leverage, I'll tell you what!
    I'm in the process of moving my account overseas because you are killing the Little Guy. I already spoken to my
    American Broker and let him know that as soon as this new policy looks like it's going into effect I'm transferring
    my account.
    So
    best of luck to you.
    Best Regards,
    J. Ponds
    PS:
    And everyone's wondering why we are in a recession!