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Comment for Proposed Rule 75 FR 3281

  • From: Paul Mills
    Organization(s):

    Comment No: 550
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00550
    From:
    Sent:
    To:
    Subject:
    Paul Mills
    Tuesday, January 19, 2010 12:59 PM
    secretary
    "Regulation of RETAIL Forex "
    Leverage should not be set that low and margin that high ,you will basically lose 95% of traders with those changes,makes
    not sense to change you are allowed to pick own leverage now ,leverage is fine right now IMO !I am against proposed
    changes ,if happen I will close my forex acct ASAP ! Plus thousands of jobs will be lost ,and Forex Trade shows which are
    all for retail traders !
    STOP RIN 3038-AC61 NOW !
    Forex Trader,
    Paul Mills
    http://finance.groups.yahoo.com/group/thunderdomestockclub/