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Comment for Proposed Rule 75 FR 3281

  • From: Wayne Denson
    Organization(s):

    Comment No: 5737
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05737
    From:
    Sent:
    To:
    Subject:
    Denson, Wayne
    Wednesday, March 3, 2010 7:24 PM
    secretary
    Regulation of Retail Forex
    David Stawick, Secretary
    Commodity Futures Trading Commission
    1155 21st Street, N.W.,
    Washington, DC 20581
    Dr. Mr. Stawick:
    I am AGAINST the proposed regulatory changes that reduce the current leverage available to forex traders from
    100:1 to 10:1.
    Such a change to reduce the leverage would negatively impact a significant portion of the popluation that can not
    afford to invest or risk the resulting increased amounts.
    Simply put, such a change would be sure to reduce the number of "small" investors.
    Sincerely,
    Wayne Denson
    [email protected]
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