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Comment for Proposed Rule 75 FR 3281

  • From: Brad Lindstrom
    Organization(s):

    Comment No: 2001
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02001
    From:
    Sent:
    To:
    Cc:
    Subject:
    Brad Lindstrom Sr
    Thursday, January 21, 2010 5:08 PM
    secretary
    [email protected]
    proposed change
    Hello,
    I am contacting you to voice my opposition to the proposal that would reduce the leverage to 10 to 1 for
    retail forex traders. This will eliminate most retail traders or at the very least force them to use brokers in
    other countries. It also negatively impacts brokers, signal providers and others who rely on the retail
    forex traders for their business. This change would set the forex market back 20 years to when
    individuals couldn't even trade forex. Please consider this proposal very carefully as it holds many
    peoples' economic futures in the balance.
    Sincerely,
    Brad Lindstrom Sr.