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Comment for Proposed Rule 75 FR 3281

  • From: William Wattenbarger
    Organization(s):

    Comment No: 5441
    Date: 2/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05441
    From:
    Sent:
    To:
    Subject:
    william wattenbarger
    Thursday, February 18, 2010 9:29 AM
    secretary
    Regulation of Retail Forex
    I am very unhappy with the proposed change to the maximum leverage. I like the high-stakes aspect of this market place. I
    think that the changes would hurt me, personally. I am knew- to trading, but have done well, to my view. I studied
    and practiced for a year, and now the limited leverage could reduce my return on that preparation, by ninety percent. So i am
    very much apposedto it. its too strict, i don't see anything wrong with 100 to 1 leverage.