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Comment for Proposed Rule 75 FR 3281

  • From: Donnie Zahner
    Organization(s):

    Comment No: 150
    Date: 1/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00150
    From:
    Sent:
    To:
    Subject:
    Donnie Zahner
    Saturday, January 16, 2010 3:54 AM
    secretary
    Regulation of retail Forex.
    To whom it may concern,
    I am a part time retail trader and I am strongly against the 10:1 leverage proposed by the CFTC. This
    regulation will drive many of the "little guys" out of the markets entirely or to offshore brokers.
    The liquidity provided by retail traders increases the efficiency of the markets. Removing them, or
    unfairly pricing them out of the markets will result in increased price volatility overall and decrease the
    efficiency of the markets which is bad for everyone.
    Please reconsider this proposal.
    Thank you
    Donnie Zahner

    From uploaded file 150_----:

    1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
    1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.