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Comment for Proposed Rule 75 FR 3281

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  • From: Kathryn Morstad
    Organization(s):

    Comment No: 2200
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02200
    From:
    Sent:
    To:
    Subject:
    Kathryn
    Thursday, January 21, 2010 8:07 PM
    secretary
    Regulation of Retail Forex - RIN 3038-AC61
    RE: Regulation of Retail Forex - RIN 3038-AC61
    Please note my overwhelming disapproval of the proposed regulation limiting Retail Forex Leverage. This is a
    decision that should be made by the investor and his/her forex broker. The forex industry does a superior job in
    letting retail traders know the risks involved and we are given superior education, information, and support
    opportunities ..... much better than I received from equities brokers.
    On a personal note, this regulation would instantly wipe out my small business or I would be forced to open an
    account offshore.
    Please abandon this regulation immediately.
    Kathryn Morstad