Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Peter LaBella
    Organization(s):

    Comment No: 1447
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01447
    From:
    Sent:
    To:
    Subject:
    peter labella
    Thursday, January 21, 2010 1:05 AM
    secretary
    proposed forex new regulation - 10 to 1 leverage
    Dear Sir:
    I have been unemployed for some time and have just started to trade Forex. I am comfortable w/the
    current law of 100: l leverage. I am careful w/trading on margin but like the freedom of being able to
    choose my risk. Forex gives me the chance of earning a living in this dismal economy. But, I would be
    unable to trade w/a 10 to 1 leverage requirement. I am a professional, w/a JD and an MSW, and still
    cannot secure employment. Thank you.
    Peter LaBella.