Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: James Dale
    Organization(s):
    GyreMaven LLC

    Comment No: 923
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00923
    From:
    Sent:
    To:
    Subject:
    James Dale
    Wednesday, January 20, 2010 6:26 AM
    secretary
    Regulation of Retail Forex
    Dear Sir,
    I'm not sure what issue the proposed Forex leverage regulation changes are meant to solve but this I do
    know. This move would drive me away from Forex investments. If the intention is to drive out the small
    conservative investor then this change in regulations should accomplish that goal. It appears to me that
    our new administration's goal of change is one of providing more power to the large wall street houses
    while squashing the "main street" that have been getting the short end of every change so far.
    Please don't change leverage to such an unreasonable limit.
    James Dale
    Managing Partner
    GyreMaven LLC
    252.573.9388
    www.gyremaven, com