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Comment for Proposed Rule 75 FR 3281

  • From: Jonathan Brown
    Organization(s):

    Comment No: 6253
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06253
    From:
    Sent:
    To:
    Subject:
    Jonathan Brown
    Friday, March 5, 2010 2:42 PM
    secreta ry < secreta ry@ C FTC. g ov >
    'Regulation of Retail Forex'
    Hello Mr. Secretary,
    Firstly let begin by saying that Financial reform is necessary to ensure the protection of the
    average taxpayer and their money. Yet, I must object to the proposed regulation seeking reduced
    the leverage amount which will diminish the trading potential of the average trader. Not only will
    this not affect the larger financial problems plaguing the global economy, it will severely hamper
    retail traders such as clients of Forex.com ability to capitalize on already limited trade
    opportunities.
    Please, we understand that your intent is the protection of citizens, but please find another way.
    Your consideration in this matter will be greatly appreciated.
    Your truly,
    Jon
    Trader
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