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Comment for Proposed Rule 75 FR 3281

  • From: Lance Martin
    Organization(s):

    Comment No: 3661
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03661
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Sunday, January 24, 2010 11:59 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 Lance
    last name Martin
    address1 709 Flemish Ct
    city Brentwood
    country United States
    us state CA
    zip 94513
    company
    Please keep the leverage at 100-1. In this horrible economy, forex trading is helping my
    family with extra income. I am able to wisely utilize the 100-1 leverage, and not over-
    leverage. Instead of regulating the brokers to only allow 10-1 leverage, have the brokers
    better describe what risks are with 100-1 leverage and how to use it wisely. Please keep the
    leverage at 100-1, otherwise I most likely won't be able to trade the forex markets, which I
    have been trading for 5 years.
    Thank you,
    Lance Martin