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Comment for Proposed Rule 75 FR 3281

  • From: Eddie Dixon
    Organization(s):

    Comment No: 3207
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03207
    From:
    Sent:
    To:
    Subject:
    Eddie
    Saturday, January 23, 2010 10:37 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    To whom this may concern,
    You must not reduce the leverage that we spot forex brokers use to trade. The margin requirements upon
    doing so would make it all but impossible for most people to trade in the USA. Please do not do this. People
    should have to right to choose what they want to risk. This will just make it harder for anyone to even make that
    choice. People will be forced to put more money up to risk which is even more dangerous. At least with higher
    leverage we don't have to start out with so much and can still make reasonably good profits.
    SO PLEASE DO NOT PASS THIS REGULATION.
    Thank you,
    Eddie Dixon