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Comment for Proposed Rule 75 FR 3281

  • From: David Talbott
    Organization(s):

    Comment No: 326
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00326
    From:
    Sent:
    To:
    Subject:
    David Talbott
    Monday, January 18, 2010 1:09 PM
    secretary
    Regulation of Retail Forex
    RE: identification number RIN 3038-AC61
    Dear Mr Secretary,
    I would like to add my voice to the disagreeing body
    against
    the CFTC proposal to restrict leverage across the board to 10 to
    1 leverage.
    I have been working hard for the past three years learning Forex trading and am now at the point were I am not losing
    money. My equity curve has turned positive. I would like to continue and become a Forex trader for a living. This
    CFTC proposal will eliminate the possibility for my continuing Forex plan.
    I fully understand the risks involved with Forex trading.
    Best Regards,
    David Talbott