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Comment for Proposed Rule 75 FR 3281

  • From: Andre Dagenais
    Organization(s):

    Comment No: 3863
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03863
    From:
    Sent:
    To:
    Subject:
    Andre Dagenais
    Monday, January 25, 2010 5:59 PM
    secretary
    Regulation of Retail Forex
    We currently work with a US based Forex broker and we feel very secured with this arrangement. However, with
    the proposed changes in leverage we would have to reconsider our current arrangements and look for a broker in
    a country that allows better leverage.
    As small investors trying to build-up some equity for retirement in a near future the current leverage is important
    to us as well as many of our friends currently involved in FOREX trading at our level.
    We trust you will reconsider this proposed legislation to preserve our investment options and keep us dealing with
    institutions we trust in America.
    Sincerely,
    Andr6 & Lyette Dagenais
    68 Lingarde Drive
    Toronto, ON, M1R 1X9, Canada
    416-759-8380