Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Kimball Hall
    Organization(s):

    Comment No: 226
    Date: 1/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00226
    From:
    Sent:
    To:
    Subject:
    Kimball Hall
    Sunday, January 17, 2010 3:26 AM
    secretary
    Retail FX
    I have not moved my FX accounts overseas, yet, even though the CFTC and the NFA have been outwardly
    hostile toward my means of making a living. With the proposed 10:1 leverage I will be forced to move. Moving not
    only my money overseas, but also the other jobs I create by keeping my accounts local. I also only deal with
    CFTC and NFA members. This regulation seems mean spirited and hostile towards traders like myself. Keep the
    other parts of the proposed regulation and do away with the leverage language. In fact, roll back the 100:1
    regulation and monitor more closely those that are regulated by you.
    Kimball Hall
    Orem Ut.