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Comment for Proposed Rule 75 FR 3281

  • From: Jason H Sylvester
    Organization(s):

    Comment No: 4148
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04148
    From:
    Sent:
    To:
    Subject:
    Jason H Sylvester
    Tuesday, January 26, 2010 7:39 PM
    secretary
    Regulation of Retail Forex
    To whom it may concern
    Changing the leverage from 100:1 to 10:1 will make it to expensive for me to trade. As a small investor
    is it right to price the small investor out of the market. Other regulation or rules should be used. With
    100:1 leverage I can compete wqith big firms and make a living, with 10:1 learage it would make it to
    expensive to trade. I understand what a loss it can cause to have high leavage but except that risk and I
    am never allowed to trade more than what I have in my account. This new rule will make small
    investors in our country at a very big disadvantage.
    Sincerly
    Jason Sylvester
    5221 Mesquite Dr. #4
    Pocetello, ID 83202
    Cel (208) 240-5524