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Comment for Proposed Rule 75 FR 3281

  • From: Helen Cleaves
    Organization(s):

    Comment No: 3324
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03324
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, January 23, 2010 3:24 PM
    secretary
    Regulation of Retail Forex
    Regarding RIN 3038-AC61
    I am opposed to the proposed regulation limiting
    leverage of retail customer accounts to 10:1. This
    would not guarantee honesty, transparency, nor
    accessibility to all traders. These attributes are
    the hallmarks of forex trading and are sorely
    lacking in other investment markets. I have been a
    student of the forex for over five years. My goal
    as a trader is to finance my children's education.
    The proposed reduction in leverage will severely
    restrict my trading. I may be forced to move my
    accou nt overseas.
    Helen Cleaves
    [email protected]
    4001 Indian Summer Dr SE
    Olympia, WA 98513