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Comment for Proposed Rule 75 FR 3281

  • From: Dam Clemons
    Organization(s):
    Gami/Tati

    Comment No: 352
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00352
    From:
    Sent:
    To:
    Subject:
    Dan Clemons
    Monday, January 18, 2010 3:56 PM
    secretary
    Regulation of Retail Forex
    Subject" RIN 3038-AC61 Regulation of Retail Forex.
    To Whom It May Concern"
    I got into Forex trading about four months ago and every vendor sight
    and training information I've seen starts out in the beginning part of
    their information of the importance of money management and
    warning how you can lose money very quickly if money management
    is not used. With this in mind I don't see any point in putting a
    maximum
    leverage for US retail forex to
    10:1.
    Regards,
    Dan Clemons
    Dan Clemons, FAA DMIR
    QA Mgr.
    GAMI / TATI