Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Scott Beasley
    Organization(s):

    Comment No: 3615
    Date: 1/24/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-03615
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Sunday, January 24, 2010 7:59 PM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first name Scott
    last_name Beasley
    address1 4310 Elk Ridge Rd
    city Lincoln
    country United States
    us state NE
    zip 68516
    company
    Changing the leverage requirements from 100-1 to 10-1 will greatly effect my ability to earn
    income in a negative way. I depend on the extra income from my Forex account to suppliment
    my income in the difficult economic environment.
    I still have a regular job but the looming threat of a layoff hangs over my head everyday. Now
    this new reduced leverage regulation threatens my ability to earn income even further.
    Please leave the leverage rules at the current levels.
    Thank you
    Scott beasley