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Comment for Proposed Rule 75 FR 3281

  • From: Harry Burchnall
    Organization(s):

    Comment No: 4909
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04909
    From:
    Sent:
    To:
    Subject:
    Harry
    Thursday, February 4, 2010 1:40 AM
    secretary
    Regulation of Retail Forex
    *RIN 3038-AC61 *
    I'm emailing you to show my concern in regards to the leverage
    regulation of 10:1 you are considering.
    You obviously understand the consequences of what this will do to the
    average trader who simply won't be able to trade.
    I want to know why you think this is going to benefit the industry and
    the Forex investor, especially younger investors with small deposits?
    I look forward to hearing from you shortly.
    Regards,
    Harry Burchnall
    *
    *