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Comment for Proposed Rule 75 FR 3281

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  • From: Mike Kadlec
    Organization(s):

    Comment No: 1357
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01357
    From:
    Sent:
    To:
    Subject:
    Mike Kadlec
    Wednesday, January 20, 2010 11 : 19 PM
    secretary
    Regulation of Retail Forex
    I am absolutey not a fan of the proposed 10:1
    leverage for trading forex. Higher leverage is good
    for experienced traders and it forces the novice to
    become better educated thereby making forex
    training a necessary business. Greatly lowering the
    leverage will shut down many f0r.e..x...brgke..rs.,
    educators, and trainers. Why would anyone want to
    eliminate American jobs when the unemployment
    rate is 1 o 99999??
    0 ~ .....
    That makes no sense at all!!!!!!
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