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Comment for Proposed Rule 75 FR 3281

  • From: Curtis Hamilton
    Organization(s):

    Comment No: 157
    Date: 1/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00157
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, January 16, 2010 7:39 AM
    secretary
    Regulation of Retail Forex
    I have just read about the proposed regulation RIN 3038-AC61 to limit leverage to 1:10. I am very much opposed
    to this. If this passes it will put a lot of small forex traders like myself out of business or force them to find offshore
    brokers. We are not a risk to the financial system and there is a built in protection called a margin call if we get
    greedy that will close all our trades. This policy would put people out of work and loose tax revenue for the
    country. Please do not implement this rule.
    Sincerely,
    Curtis Hamilton

    From uploaded file 157_----:

    1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
    1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.