Comment Text:
i0-001
COMMENT
CL-05358
From:
Sent:
To:
Subject:
Jeff
Bollinger
Saturday, February 13, 2010 1:03 PM
secretary
Regulation of Retail Forex
hi,
re garding RIN 3038-AC61...
while i am in favor of certain regulation of markets, i believe the
proposed changes for retail forex regulation are not beneficial to
retail traders, in particular, the limitation of leverage to 10:1
would drastically impeded my (and others') trading strategy.
i do like the idea of counterparties, etc having to register and
maintain substantial capital, but i feel strongly that taking the
extra step of limiting leverage they provide will only serve to hurt
those of us you seem to be trying to help, the retail traders.
i urge you to reconsider this proposal given my feedback.
thanks for your time.
jeffbollinger
201.233.5938
704 clinton st#5b
hoboken N 07030
