Comment for Proposed Rule 75 FR 3281
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From:
Willie
Organization(s):
Comment No:
2026
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02026
From:
Sent:
To:
Subject:
LEE
Thursday, January 21, 2010 5:35 PM
secretary
Regulation of Retail Forex
To CFTC;
I AGREE WITH ALL NEW REGULATIONS EXCEPT THE Forex leverage from 100:1 to 10:1
for all NFA and CFTC regulated Forex firms.THE 10:1 ( HURTS ) THE LITTLE
INVESTOR TRYING TO MAKE A LIVING AND FEED HIS FAMILY.PLEASE PUT
THIS ON HOLD FOR ONE YEAR TO RECONSIDER THEN,ONE YEAR GOES BY
FAST AND SEE HOW THE OTHER REGULATIONS WILL WORK WITHOUT
LOWERING THE FOREX LEVERAGE..You also can make all leverage 100:1 no
higher no lower.
Willie
God Bless