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Comment for Proposed Rule 75 FR 3281

  • From: Gary McCool
    Organization(s):

    Comment No: 627
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00627
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, January 19, 2010 1:53 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary
    I just heard that the regulation for trading the Forex may change by reducing leverage from 100 to 1, to 10 to 1.
    I sure hope that this will not happen. I have been unemployed and now I have been trying to make some money
    trading in the Forex. If this change occurs, then I will not be able to make anything. My account is very small, and
    a change to a 10 to 1 leverage will destroy any attempt for me to make money.
    Please don't let this change occur.
    Thank you.
    Sincerely.
    Gary McCool
    1759 Llanfair Ave.
    Cincinnati, OH 45224
    513-541-5273
    [email protected]