Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: J D Strand
    Organization(s):

    Comment No: 3505
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03505
    From:
    Sent:
    To:
    Subject:
    j dstrand@roadrunner, com
    Sunday, January 24, 2010 11:37 AM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Sunday, January 24, 2010 at 11:37:24
    commenter_subject: Proposed Regulation of Retail Forex
    commenter comments:
    Dear Sirs,
    I would like to say that I strongly object to the
    proposed limitations being considered. The proposed
    10:1 leverage limitations will cripple the retail
    forex here in the US. Retail traders enter the
    market knowing full well what the risks are. This
    will in effect only serve to add more loss of
    revenue to many in this already fragile economy. At
    best it it will drive US retail traders offshore to
    trade. This will in effect force the close of many
    US brokers and the loss of even more jobs here in
    the states.
    Regards,
    J. Strand
    commenter name: J. Strand
    commenter withhold address on: ON
    commenter addressl: 616 N. 20th
    commenter_city: Coeur d Alene
    commenter state: ID
    commenter zip: 83814
    commenter~hone: 640-1361