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Comment for Proposed Rule 75 FR 3281

  • From: Laurence T Howell
    Organization(s):

    Comment No: 5804
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05804
    From:
    Sent:
    To:
    Subject:
    lthj [email protected]
    Wednesday, March 3, 2010 9:13 PM
    secretary
    regulation of forex trading
    Sir:
    I stronglly oppose the reduction of leverage for forex trading from 100-1 to 10-1. Such a
    reduction would severely limit my ability to participate in these market. I alone should be
    permitted to decide the level of leverage that is appropriate for me.
    I also believe that such a reduction would severely limit liquidity and possibly alter and distort
    trading patterns for these markets.
    We do not need further government interference in these markets
    Thank you for your attention
    Sincerely
    Laurence T. Howell