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Comment for Proposed Rule 75 FR 3281

  • From: Diane Wendland
    Organization(s):

    Comment No: 1792
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01792
    From:
    Sent:
    To:
    Subject:
    diane wendland
    Thursday, January 21, 2010 12:01 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    To whom it may concern!
    Hello my name is Larry and I'm concerned about the leverage being changed in the Forex market.
    I have been learning this business for the last 3 years. This is my families future and I don't
    appreciate you changing things around without even having the people vote on it. As Isee it the
    leverage change would mean I would have to have more money in my trading account for the
    margin to be covered on a standard lot trade. Some of us in this great business don't have that
    kind of money to do that. This business is ideal for not having to put up a lot of money to get
    started. I realize that a lot of money can be lost also.
    I do appreciate that you are helping us by having regulations that are for our good and that you
    help the people that have been wronged. Thanks for your time on reading this.
    Sincerely Larry Wendland
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