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Comment for Proposed Rule 75 FR 3281

  • From: Anthony D Perkins
    Organization(s):

    Comment No: 4770
    Date: 2/2/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04770
    From:
    Sent:
    To:
    Subject:
    T
    Tuesday, February 2, 2010 5:07 AM
    secretary
    re: proposed new leverage rules in retail forex
    Dear Sir
    I applaud the long overdue regulation that you are considering for the retail forex market, which I have been personally
    trading in almost since 2004.
    Please reconsider your idea to limit trade leverage to 10-1. For me specifically, this is a problem, as I have a particular
    short term trading style that requires it (in my case it is 50-1).
    This is primary source of income for me, I have spent years as individual learning how to trade in the way that I do.
    If you change the leverage rules as planned I will not be able to trade as I have and I will lose this source of income. I would
    appreciate it if you would consider this.
    Please, do not decrease leverage to anything less than 50-1.
    sincerely
    Anthony D. Perkins
    19815 Delano st.
    Woodland Hills CA.
    91367
    saferok2000@y ahoo. corn