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Comment for Proposed Rule 75 FR 3281

  • From: Dan Major
    Organization(s):

    Comment No: 2589
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02589
    From:
    Sent:
    To:
    Subject:
    Dan Major
    Friday, January 22, 2010 10:29 AM
    secreta ry < secreta ry@ C FTC. g ov >
    proposed forex 10:1 leverage
    Implementation of this proposal will have profound negative effects upon the retail forex industry.
    Individuals such as myself will apparently lose funding protection, but moreso these change will
    take away our opportunities to even dabble in this market since most small traders simply won't
    have the spare financial resources to effectively and successfully operate within the confines of the
    new restrictions. You would be taking away our hope, which oftentimes is worse than taking our
    money since money can be replaced.
    Dan Major
    "To ignore the facts does not change the facts."
    416-670-7875
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