Comment for Proposed Rule 75 FR 3281
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From:
Larry Taylor
Organization(s):
Comment No:
1710
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01710
From:
Sent:
To:
Subject:
larry taylor
Thursday, January 21, 2010 10:39 AM
secretary
'Regulation of Retail Forex'
Hello Mr. David Stawick. My name is Larry Taylor, and I would like to express my concerns about proposal RIN 3038-AC61. If
retail forex trading leverage is increased to 10:1, then the majority of retail forex traders like me would not be able to trade. I
don't have $10,000 or more to put into a forex account to trade with. I currently have less than $100 dollars in my forex
account to practice my strategies. My dream is to trade the forex market full time one day, but if leverage is changed to 10:1,
then my dream will turn into a nightmare. Please do not change the leverage because I want a secure financial future, and I
believe that the forex market is the answer. Thank you sir for your time and for considering the small retail forex traders like
myself who hope the trade forex full-time one day.
Larry
