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Comment for Proposed Rule 75 FR 3281

  • From: David Sanders
    Organization(s):

    Comment No: 4871
    Date: 2/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04871
    From:
    Sent:
    To:
    Subject:
    David Sanders
    Wednesday,
    February 3, 2010 8:47 PM
    secretary

    Regulation of Retail Forex (Opposition)
    Mr. Secretary,
    This email is in opposition to the new proposal to restrict leveraging
    to 10:1. In this difficult economy thousands of "smalltime" traders
    utilize the current leverage available to maximize their (hard earned)
    cash positions to make a profit. Let's not make it more difficult for
    everyone at this most trying time in our economy.
    Best Regards,
    David Sanders- Currency Trader