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Comment for Proposed Rule 75 FR 3281

  • From: Larry Taylor
    Organization(s):

    Comment No: 1710
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01710
    From:
    Sent:
    To:
    Subject:
    larry taylor
    Thursday, January 21, 2010 10:39 AM
    secretary
    'Regulation of Retail Forex'
    Hello Mr. David Stawick. My name is Larry Taylor, and I would like to express my concerns about proposal RIN 3038-AC61. If
    retail forex trading leverage is increased to 10:1, then the majority of retail forex traders like me would not be able to trade. I
    don't have $10,000 or more to put into a forex account to trade with. I currently have less than $100 dollars in my forex
    account to practice my strategies. My dream is to trade the forex market full time one day, but if leverage is changed to 10:1,
    then my dream will turn into a nightmare. Please do not change the leverage because I want a secure financial future, and I
    believe that the forex market is the answer. Thank you sir for your time and for considering the small retail forex traders like
    myself who hope the trade forex full-time one day.
    Larry