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Comment for Proposed Rule 75 FR 3281

  • From: Michael Mcgee
    Organization(s):

    Comment No: 5383
    Date: 2/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05383
    From:
    Sent:
    To:
    Subject:
    MICHAEL MCGEE
    Monday, February 15, 2010 12:43 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    Dear Mr. Secretary,
    I'm writing in response to the pending proposed changes in leverage regarding forex retail trading.
    I've been a small
    trader for a number of years in stocks, bonds, forex, etc. The effective leverage that i now utilize
    has been a boon
    for my trading experiences. I really would hate to see these leverages disappear after having
    grown accustomed to
    them over the years. I, also enjoy the freedom and the flexibility to choose how much or how little
    leverage i want
    to utilize. Mr. Secretary, my hope is that the pending proposed changes for reducing the amount of
    leverage for the
    Forex retail market will not be passed. Thank you for your consideration and cooperation.
    Sincerely,
    C. McGee
    Michael
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