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Comment for Proposed Rule 75 FR 3281

  • From: Milan Prodanovic
    Organization(s):
    Iona College Men's Basketball

    Comment No: 5734
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05734
    From:
    Sent:
    To:
    Subject:
    Milan Prodanovic
    Wednesday, March 3, 2010 7:22 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    My name is Milan Prodanovic. I am a senior college student at Iona College, Westchester, New York.
    I would like to express my concern of the potentially disastrous and un-capitalistic regulation that may
    be passed regarding Forex leverage. I believe that reducing the leverage from 100:1 is sufficient enough
    to curb erratic traders from manipulating and hurting currency trading.
    I am a young man that is very much interested in Forex and currency trading. I hope that you re-think
    your decision and let Americans continue to have a fair chance to grow and prosper like our counterparts
    overseas who do not have these savage regulations.
    Should you have any questions, concerns, or explanations, you can email me at any time.
    Thank you very much for your time.
    Milan Prodanovic
    Iona College Men's Basketball