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Comment for Proposed Rule 75 FR 3281

  • From: Chuck J Manci
    Organization(s):

    Comment No: 2027
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02027
    From:
    Sent:
    To:
    Subject:
    CHUCK J MANCI
    Thursday, January 21, 2010 5:38 PM
    secreta ry < secreta ry@ CFTC. g ov >
    regulation of retail forex
    To whom it may concern,
    On one of your proposed changes in the forex currency exchange, "one of the proposed
    changes would radically lower Forex leverage from 100:1 to 10:1 for all NFA and CFTC regulated
    Forex firms," I strongly urge you to reconsider. This proposal may not hurt big investors but will
    hurt the little investor. Please consider not including this in the regulatory changes.
    Chuck Manci
    Forex Trader