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Comment for Proposed Rule 75 FR 3281

  • From: Amphone Roubsouay
    Organization(s):

    Comment No: 3034
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03034
    From:
    Sent:
    To:
    Subject:
    Amphone Roubsouay
    Friday, January 22, 2010 9:30 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Dear CFTC:
    I've recently found out about the proposed lowering of margin requirements for NFA and CFTC
    regulated Forexfirms. I'm shock to here this proposed requirement cause this would impact the
    whole US forex industry.
    By mid year I had plan to conduct trading forex by forming a LLC investment company which would
    allow me to do this on a full time basis. But when I heard about this proposal, it's made me think
    of twice even to attempt to go that route.
    Well to make the story short, Trading forex is the only way icould make a part time income.
    And now I would need to come up with 10x the amount to even think about trading.
    Please reconsider Lowering Leverage requirements.
    Thank you.
    Amphone Roubsouay
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