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Comment for Proposed Rule 75 FR 3281

  • From: Kelvin Rice
    Organization(s):

    Comment No: 3865
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03865
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, January 25, 2010 6:02 PM
    secretary
    Regulation of Retail Forex
    Sir/Madam
    I am retired and my wife and I are living on a very small fixed income. I have been trading Forex through various
    US brokers, most noticeably FXCM and Alpari(US), with 100:1 leverage. Without the profit that l am making and
    drawing out monthly, we would not be able to meet our expenses and would literally starve. I am, therefore,
    appealing to you not to regulate the leverage down to 10:1.
    Your truly,
    Kelvin Rice
    6706B E. Cedar Ave
    Denver CO 80224