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Comment for Proposed Rule 75 FR 3281

  • From: Rob Moffatt
    Organization(s):

    Comment No: 4682
    Date: 1/31/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04682
    From:
    Sent:
    To:
    Subject:
    Rob Moffatt
    Sunday, January 31, 2010 5:06 PM
    secretary
    Regulation of Retail Forex RIN 3038-AC61
    I'm writing in opposition of the proposed leverage changes for retail forex trading accounts.
    The proposed changes limit the role/impact that individual retail investors can have on the market, by
    definition impairing its efficiency. The changes would unfairly inhibit individual investors and traders,
    unnecessarily raising their capital requirements and impeding their ability to effectively manage their
    trading business.
    Sincerely,
    Rob Moffatt