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Comment for Proposed Rule 75 FR 3281

  • From: Scott Bollinger
    Organization(s):

    Comment No: 5556
    Date: 2/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05556
    From:
    Sent:
    To:
    Subject:
    Scott Bollinger
    Tuesday, February 23, 2010 10:59 AM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    I strongly disagree the proposed change of leverage to 10:1. This will in make trading impossible for me and many traders
    who are trading with appropriate stops and risk management yet do not have a lot of capital.
    It will also force most of this business off shore.
    Please leave the leverage at the current 100:1.
    Thank You
    Scott Bollinger
    8 College Ave
    Montclair NJ 07043