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Comment for Proposed Rule 75 FR 3281

  • From: C Jenest
    Organization(s):

    Comment No: 5664
    Date: 3/1/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-05664
    From:
    Sent:
    To:
    Subject:
    C Jenest
    Monday, March 1, 2010 9:46 PM
    secretary
    Regulation of Retail Forex
    I am concerned about this new regulation, and hope that you will reconsider changing the leverage rules. My trading strategy requires
    a leverage of at least 100:1, which means that if this initiative gets approved I will no longer be able to trade using the same strategy
    and I will move my funds to another country. I assume many traders will do the same thing if the initiative becomes law, with the
    subsequent impacts on the economy and the creation of jobs within the U.S.
    Thank you for your consideration.