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Comment for Proposed Rule 75 FR 3281

  • From: Bob Nagel
    Organization(s):
    Small Investor

    Comment No: 2643
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02643
    From:
    Sent:
    To:
    Subject:
    Bob Nagel
    Friday, January 22, 2010 11:16 AM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    CFTC Secretary
    RE: Release 5772-12
    January 13, 2010
    Change in 2008 Farm Bill
    I am against the proposed change of Forex leverage from 100:1 to 10:1 for all NFA and CFTC
    regulated firms. This change will eliminate the small investor. As a small investorI have spent
    several thousand dollars and hundreds of hours in research and execution of trades in the Forex
    market. Your change will increase my capital requirements 10 fold thus I will be eliminated as an
    investor.
    Please eliminate the Forex leverage change from your proposal.
    Thank you,
    "The Small Investor"
    Bob Nagel
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