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Comment for Proposed Rule 75 FR 3281

  • From: Michael Lollar
    Organization(s):

    Comment No: 6177
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06177
    From:
    Sent:
    To:
    Subject:
    Michael Lollar
    Friday, March 5, 2010 11:38 AM
    secreta ry < secretary@ CFTC. g ov >
    Proposed Forex Leverage Change
    Iam against the proposed change of forex trading leverage to 10:1. I believe that these proposed
    regulations will so significantly change the leverage factor as to eliminate the forex trading
    opportunity for many individual traders. In addition, those wishing to trade forex with any
    meaningful leverage would have to seek alternatives outside of the United States if those avenues
    would even be available to U.S. customers. Therefore I am against the proposed change.
    Mike Lollar
    970-593-0267
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