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Comment for Proposed Rule 75 FR 3281

  • From: Brett A Cook
    Organization(s):

    Comment No: 4242
    Date: 1/27/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04242
    From:
    Sent:
    To:
    Subject:
    Brett and Heidi Cook
    Wednesday, January 27, 2010 10:04 AM
    secretary < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Secretary,
    The proposed limit of leverage would affect too many lives negatively by shedding
    billions in liquidity on a daily basis and send more intraday traders into the jobless
    market. Risk limits should not be imposed on the millions of retail traders, just greater
    requirements placed on banks for capital.
    Sincerely,
    Brett A Cook
    Retail Trader
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