Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 4143

  • From: Sharon Eastman
    Organization(s):

    Comment No: 16824
    Date: 3/10/2010

    Comment Text:

    10-002
    COMMENT
    CL-07824
    From:
    Sent:
    To:
    Subject:
    sharon eastman
    Wednesday, March 10, 2010
    8:12 AM
    secretary

    Regulation of Retail Forex"
    Dear CFTC/NFA:
    I trade the retail Forex market with a US based brokerage. If you lower
    the current leverage for my trading account as you propose (RIN 3038-AC61),
    you will force me to leave the US brokerage and find a European based
    broker with more favorable leverage terms. I believe in this current
    economic time, we shouldn't make it any more difficult to do business with
    US based companies and employers. I urge you not to change the current
    leverage requirements. The leverage requirements have been dropped to
    the current level
    which I can work with.
    Thank you
    Sharon Eastman
    Thank you.