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Comment for Proposed Rule 75 FR 3281

  • From: James Clark
    Organization(s):

    Comment No: 4662
    Date: 1/31/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-04662
    From:
    Sent:
    To:
    Subject:
    Jim Clark
    Sunday, January 31, 2010 1:11 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    RIN
    3038-AC61
    To Whom it May Concern:
    I was a little shocked and surprised to see that the leverage requirements for forex
    trading were yet again going to be interfered with by the CFTC. I would just like to note
    that this change should not be taken lightly as it will be devastating to many of the
    current traders such as myself. With such leverage requirements I would be required to
    close my account and yet one more public service would be closed to all except the rich
    who have that kind of monetary backing. I would hope you would take this into account
    in your future decisions.
    Thank you for taking the time to read my complaints,
    James Clark
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