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Comment for Proposed Rule 75 FR 3281

  • From: Debbie Ruggiero
    Organization(s):

    Comment No: 4669
    Date: 1/31/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-04669
    From:
    Sent:
    To:
    Subject:
    ligir1333 ligir1333
    Sunday, January 31, 2010 2"45 PM
    secretary < secreta ry@ C FTC. g ov >
    This letter is in regards to ID# RIN 3038-AC61
    Hello,
    We are a small Forex investor. We have been learning to trade Forex with a demo
    account for the last few months. We will be opening a live account in the next month or
    so. If this change in leverage takes effect, there is no way we will be able to open an
    account. We will not have enough money in the account to place any orders if this
    change takes effect.
    We have been doing well in the demo account and feel we will be able to subsidize our
    income with the live account. With the economy the way it is we are trying very hard to
    keep out heads above water like everyone else. If this change goes through we will
    have to find another way and we have already invested a lot of time into this.
    Please keep the small investors in mind when you are deciding on this change. I am
    sure there are many, many people who will loose if this happens. Please take us into
    account when you reconsider your changes.
    Thank you,
    Debbie Ruggiero
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