Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Raymond Wrinkle
    Organization(s):

    Comment No: 2233
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02233
    From:
    Sent:
    To:
    Subject:
    broray 1 @comcast.net
    Thursday, January 21, 2010 8:36 PM
    secretary
    Regulation of Retail Forex RIN 3038-AC61
    Dear Sirs:
    Concerning the change in Forext trading, my opinion is that of a very concerned investor.
    I appreciate your desire to study this issue, but implementing this proposal would hinder my
    ability to conduct business.
    The ability to leverage a person's own trade to maximize returns falls under the catagory of
    free trade.
    This type of investing and understanding the risks involved are fully disclosed and totally
    understood by the clients.
    Smaller investors such as myself need the additional leverage ability to trade adequately.
    Please do not change the 100:1 ratio.
    Thanks,
    Raymond Wrinkle
    423-802-9102