Comment Text:
i0-001
COMMENT
CL-03257
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Sent:
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Subject:
Attach:
[email protected]
Saturday, January 23, 2010 12:59 PM
secretary
Public Submission for 2010-00456
Public Submission for 2010-00456.zip
Please refer to the attached file.Please Do Not Reply This Email.
Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
Intermediaries:
Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
FR Document Number: 2010-00456
Legacy Document ID:
RIN: null
Publish Date: Wed Jan 20 00:00:00 EST 2010
Submitter Info:
first name Warren
last name Smith
address1 2644 Stoney Creek Rd
city Oakland
country United States
us state MI
zip 48363
company n/a
I am requesting you do NOT change the leverage FOREX brokers are now using (100-1)
down to 10-1.
I am now trading a small account and this downward push to 10-1 will devistate my account
and many others.
Some of us trade for a living and what you are proposing is just wrong.