Comment Text:
io-ooi
COMMENT
CL-03375
From:
Sent:
To:
Subject:
Attach:
[email protected]
Saturday, January 23, 2010 6:59 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 Larry
last name Alexander
address1 15005 Garden Rd
city Poway
country United States
us state CA
zip 92064
company
Please reconsider the proposed change to 10:1 leverage. Small Forex traders such as
myself who have never had a complaint against the brokers I use, would be seriously
impeded by the new regulation. As I depend on this income, but cannot risk huge sums,
would have to leave this market altogether.
Please don't let the complaints of inexperienced traders looking to blame others for their lack
of trading expertise weigh in on your decision.
Thank you for your consideration.
Sincerely,
Larry Alexander