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Comment for Proposed Rule 75 FR 3281

  • From: Richard K Jones
    Organization(s):

    Comment No: 3070
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03070
    From:
    Sent:
    To:
    Subject:
    Richard Jones
    Friday, January 22, 2010 11:17 PM
    secretary
    Forex Trading Leverage
    I learned through my brokerage FX Solutions of the proposal to reduce leverage on US Forex
    trading from 100:1 to 10:1.
    I am a modest trader using Forex trading as an investment vehicle to help with my retirement.
    I want to let you know that if this proposal went into effect it would basically kill Forex trading
    for me. It would knock me out of the market.
    Please don't let that happen.
    Sincerely,
    Richard K Jones