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Comment for Proposed Rule 75 FR 3281

  • From: Matt Leinhos
    Organization(s):

    Comment No: 6306
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06306
    From:
    Sent:
    To:
    Subject:
    Matt Leinhos
    Friday, March 5, 2010 6:51 PM
    secretary
    Regulation of Retail Forex
    Re: RIN 3038-AC61
    Sirs:
    In regards to the aforementioned proposed regulation, if it is passed and limits leverage to 10:1, please
    rest assured that I, along with many other forex traders, will "vote with our money" and move our
    business to overseas accounts that are not subject to this silly regulation. US forex traders can already
    limit their own risk by placing orders with smaller lots sizes (mini and micro accounts). Please treat us
    like grown-ups.
    Regards,
    Matt Leinhos
    FX Trader