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Comment for Proposed Rule 75 FR 3281

  • From: Glenville Gardner
    Organization(s):

    Comment No: 797
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00797
    From:
    Sent:
    To:
    Subject:
    Glenville Gardner
    Tuesday, January 19, 2010 7:00 PM
    secretary
    Regulation of Retail Forex
    Dear Sir,
    the proposed regulation of retail forex RIN 3038-AC61 will hurt a whole lot of people like myself who
    won't be able to make the new leverage requirement should the proposal go in effect. With proper equity
    management I am able to trade and support myself fight now. I am ill and can't handle a regular nine to
    five and cannot see my self going on welfare. I am already looking into moving my account overseas. I
    am sure many traders are doing the same too. this move to change the leverage will only serve to hurt
    the us economy rather than helping it. Please reconsider this course kind sir as by doing so you will keep
    many families off the unemployment line.
    Thank you,
    Glenville Gardner