Comment for Proposed Rule 75 FR 3281
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From:
Gary W Borg
Organization(s):
Comment No:
2311
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02311
From:
Sent:
To:
Subject:
Gary Borg
Thursday, January 21, 2010 9:56 PM
secretary
Regulation of Retail Forex
Reference number:
RIN 3038-AC61
The proposal to reduce foreign exchange leverage to a maximum of 10:1 would be an absolute disaster for me. I lost my job
last April, I'm 57 years old, have little prospect of finding gainful employment again and will soon have a child going to college.
I have been able to make a living trading foreign exchange with a 100:1 ratio but could not do so with this restriction.
Please give people a choice of leverage. Don't force us into something untenable.
(Note: I emailed you a bit earlier on this subject but was in such a hurry that I neglected the reference number and the correct
subject line.)
Sincerely,
Gary W. Borg
1133 W. Pratt Blvd.
Chicago IL 60626
ph: 773 274 2625
preferred email: [email protected].
Also: [email protected]
