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Comment for Proposed Rule 75 FR 3281

  • From: James W Brill
    Organization(s):

    Comment No: 1845
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01845
    From:
    Sent:
    To:
    Subject:
    JAMES BRILL
    Thursday, January 21, 2010 1"28 PM
    secretary < secretary@ C FTC. g ov >
    RIN 3038-AC61
    Dear Mr Secretary,
    I am writing to voice my opposition to your proposal to lower the leverage offered to
    retail foreign exchange to 10:1 clients.
    Retail foreign exchange traders are well aware of the
    risk in these financial transactions. Iwould appreciate your help in understanding why this action
    is being considered when so many other problems exist in financial regulation of major banks and
    Wall Street Institutions which led to the current financial crisis which the United States of America
    and most other countries now face.
    I look forward you hearing from you as well as my elected representative which will receive a
    similar communication.
    Thank you.
    James W. Brill
    Laredo, Texas