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Comment for Proposed Rule 75 FR 3281

  • From: Casey Windham
    Organization(s):

    Comment No: 1787
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01787
    From:
    Sent:
    To:
    Subject:
    Casey Windham
    Thursday,
    January 21, 2010 11:52 AM
    secretary

    Regulations of Retail Forex.
    I am writing in response to your proposed regulation change where you intend
    to lower the Forex leverage from 100:1 to 10:1 for all retail trades through
    NFA and CFTC regulated Forex firms.
    I am a FOREX retail trader and your proposal will cause great harm to my
    business as well as other FOREX traders.I therefore request that you do not
    enact this role. 100:1 is a good safe level of leverage.We do not need nor
    desire such changes.
    Thank you.
    Casey Windham