Comment for Proposed Rule 75 FR 3281
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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