Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Alan Lester
    Organization(s):

    Comment No: 1524
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01524
    From:
    Sent:
    To:
    Subject:
    Alan
    Thursday, January 21, 2010 3:42 AM
    secretary
    Regulation of Retail Forex
    Dear Sir/Ma'am
    Regarding the proposed regulation of retail forex
    (RIN
    3038-AC61), decreasing leverage to 10:1, I would like to strongly request that this course
    of action be abandoned. This would destroy my ability to trade at all. VVhile I do not reside in
    the USA, I do trade with an NFA regulated broker in the USA, and enjoy the privilege of
    earning part of my living from my trading account. This proposed regulation, if implemented
    would severely impact my meagre livelihood (pension).
    Kind Regards,
    Alan Lester