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Comment for Proposed Rule 75 FR 3281

  • From: Shane M Gregory
    Organization(s):

    Comment No: 5243
    Date: 2/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05243
    From:
    Sent:
    To:
    Subject:
    Shane
    M GREGORY

    Monday, February 8, 2010 9:23 PM
    secretary
    Regulation of Retail Forex
    To Whom Zt May Concern:
    While I do believe that parts of this proposed rule might have merit I don't believe limiting the
    leverage from 100:1 to 10:1 to bea good idea. From what Ican see this only limits retail traders
    who understand the risks and rewards of trading on the foreign exchange market, everything
    considered this proposed rule needs a little fine tuning before it is even considered a good idea.
    Yours Truly
    Shane Gregory
    Regulation of
    Intermediaries
    Off-Exchange Retail Foreign Exchange
    Transactions and
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