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Comment for Proposed Rule 75 FR 3281

  • From: Richard Goward
    Organization(s):

    Comment No: 4520
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04520
    From:
    Sent:
    To:
    Subject:
    Richard Goward
    Friday, January 29, 2010 9:50 PM
    secretary
    Regulation of Retail Forex
    I am writing you to urge you to keep the existing leverage permitted currently in the Forex market. This market
    is self regulating and us individual investors are no less important than institutional investors. We have the same
    right to participate at the same leverage level in the Forex market.
    Since it was opened up to individual investors it provides the same expansion then what individual investors are
    permitted in the stock market.
    Please do not pass the current proposal and keep the market leverage the same as it is now. It needs to be the
    same for all.
    Thank you.
    Richard Goward
    805 432 3524