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Comment for Proposed Rule 75 FR 3281

  • From: Roy Burks
    Organization(s):

    Comment No: 3832
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03832
    FFonl:
    Sent:
    To:
    Subject:
    Roy Burks
    Monday, January 25, 2010 4:35 PM
    secretary
    Regulations of Forex Retail
    Good Day,
    My name is Roy Burks. I'm a forex trader with GallantFX. I feel the proposal about 10:1 leverage is so
    unfair to the small trader. It will take the control out of our hands and make it almost impossible for us
    to make an income. Larger depositors will even have a difficult time and this isn't something you want
    to change in this time of our economy. I for one will go to another broker who isn't bound by this law
    which means less jobs and income for our country. I encourage the other changes and look forward to
    secure trading, but, don't get extreme.
    Thank you,
    Roy Burks