Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.

  • From: Helen Cleaves
    Organization(s):

    Comment No: 1093
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01093
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Wednesday, January 20, 2010 6:31 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Wednesday, January 20, 2010 at 18:31:07
    commenter_subject: Proposed Regulation of Retail Forex Accounts
    commenter_frdate: January 13, 2010
    commenter_frpage: 5772-10
    commenter_comments: I am opposed to the proposed regulation limiting
    leverage of retail customer accounts to 10:1. This
    would not guarantee honesty, transparency, nor
    accessibility to all traders. These attributes are
    the hallmarks of forex trading and are sorely
    lacking in other investment markets. I have been a
    student of the forex for over five years. My goal
    as a trader is to finance my children's education.
    The proposed reduction in leverage will severely
    restrict my trading. I may be forced to move my
    account overseas.
    commenter name: Helen Cleaves
    commenter withhold address on: ON
    commenter addressl: 4001 Indian Summer Dr SE
    commenter_city: Olympia
    commenter state: WA
    commenter_zip: 98513
    commenter~hone: 360 292-5397