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Comment for Proposed Rule 75 FR 3281

  • From: Fred Karlson
    Organization(s):

    Comment No: 3119
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03119
    From:
    Sent:
    To:
    Subject:
    fred karlson
    Saturday, January 23, 2010 2:28 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern:
    I am a very small forex trader who enjoys forex trading. I am opposed to
    the new rules in one specific area--limitation of leverage for each
    trade. I believe that your proposal to curtail higher leveraged trades
    will dampen my enthusiasm for forex trading. It will do this by
    restricting the potential for profits in this market.
    Please reconsider this area of your new proposed regulations and keep
    the CUlTent leveraged levels where they are now.
    Thanks for your time and consideration,
    Fred Karlson
    5779 Vista
    POB 334
    Ferndale, WA 98248