Comment for Proposed Rule 75 FR 3281
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From:
Ronald Casillas
Organization(s):
Comment No:
3047
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-03047
From:
Sent:
To:
Subject:
Ron C
Friday, January 22, 2010 9:57 PM
secretary
Please don't change leverage in Forex
Dear Sir, Ma'm:
My name is Ronald Casillas, a citizen of the US and resident of California. I have been a retail forex
trader for 6 years now and enjoy it immensely. It has provided my family and I supplemental income. I
have been notified that there is a proposed change in leveraging our trades, from 100:1 to 10:1. This
would substantially change the amount of money I would need to make a profitable gain and it's already
tough to make consistent trades, we don't need another obstacle to lower our potential gains. Please
consider my letter along with the wave of my fellow traders. Thank you.
Ronald Casillas
Moreno Valley, CA