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Comment for Proposed Rule 75 FR 3281

  • From: Kelli Nichols
    Organization(s):

    Comment No: 4240
    Date: 1/27/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04240
    From:
    Sent:
    To:
    Subject:
    Kelli Nichols
    Wednesday, January 27, 2010 9:54 AM
    secretary
    Regulation of Retail Forex
    Hi,
    I would like to comment on the proposed limit of 10:1 leverage on retail accounts.
    This is a very viable way for me to make extra money in order to make ends meet and it would be taken away if this proposed
    regulation takes effect.
    I am a very careful trader and never risk more than two percent of my account.
    The brokers are the ones that need to be regulated, not the traders. This seems like punishment for crime not committed by
    everyday people.
    Thank you,
    Kelli Nichols
    Washington State