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Comment for Proposed Rule 75 FR 3281

  • From: Travis Cass
    Organization(s):

    Comment No: 1312
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01312
    From:
    Sent:
    To:
    Subject:
    Travis Cass
    Wednesday, January 20, 2010 10:34 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    I currently use part of my trading income to pay the bills. If you reduce the leverage to 10:1, I will no
    longer have enough money in my trading account to trade the way I do and pay my bills. I can live with
    50:1 leverage, anything less and I will have to close my trading account and open it up in another
    country that will let me trade with at least a 50:1 leverage. I know I am not the only one that will be
    doing this if the leverage is reduced to 10:1. Please do not do this.
    Regards,
    Travis Cass (Retail Trader)
    8228 N.W. 90th Terrace
    Oklahoma City, OK 73132
    Phone: 405-413-4552