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Comment for Proposed Rule 75 FR 3281

  • From: Rence Levis
    Organization(s):

    Comment No: 4339
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04339
    From:
    Sent:
    To:
    Subject:
    busdevntwk
    Thursday, January 28, 2010 9:24 AM
    secretary
    REGULATION OF RETAIL FOREX
    You know it is very interesting to see that we are not supporting our US companies.
    I trade the retail Forex market with a US based brokerage. If you lower
    the current leverage for my trading account as you propose (RIN 3038-AC61),
    you will force me to leave the US brokerage and find a European based
    broker with more favorable leverage terms. I believe in this current
    economic time, we shouldn[]t make it any more difficult to do business with
    US based companies and employers. I urge you
    not to change the current
    leverage requirements. Thank you.
    The ultimate measure of a man is not where he stands h~ moments of comfort and
    convenience, but where he stands at times of challenge and controversy.
    Martin Luther
    King