Comment for Proposed Rule 75 FR 3281
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From:
Thomas Brown
Organization(s):
Comment No:
1984
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01984
From:
Sent:
To:
Subject:
Thomas Brown
Thursday, January 21, 2010 4:42 PM
secretary
Regulation of Retail Forex
Dear Secretary,
In regards to the January 13, 2010, the CFTC proposed new regulations, I
strongly denounce any action on that
matter.
Do NOT
radically lower Forex leverage from 100:1 to 10:1.
Don't change the rules of the game! The system is perfect AS IS!
The liquidity, 100:1 leverage and no uptick rule is what makes FOREX great!
Let us small-time day-trades still have a chance to participate in the retail foreign currency markets with the limited capitals
we
can still scrape from working tedious day-jobs.
Making it in the currency markets is my only hope in life. So
once again, please don't take it away from me!
Sincerely,
Thomas Brown
FOREX Day Trader with MB Trading
