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Comment for Proposed Rule 75 FR 3281

  • From: Timothy Radle
    Organization(s):

    Comment No: 6065
    Date: 3/5/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-0
    60 65
    From:
    Sent:
    To:
    Subject:
    Timothy Radle
    Friday, March 5, 2010 9:44 AM
    secretary
    Regulation of Retail Forex
    Good Day.
    I'm writing you today in regard to RIN 3038-AC61, the proposed leverage change for retail fore× accounts. Please know that a change
    of this magnitude would disaffect millions of people, including me, who use fore× to supplement their incomes during these insanely
    hard economic times. With the proposed change, I would no longer be able to afford trading fore× the way I do currently - and
    ultimately that would remove a significant portion of my income. I very much appreciate the regulatory changes that are being
    suggested for retail brokers under this proposed change - but the proposed leverage change would be a detriment to my family that I
    very much hope will not come to pass.
    Thank you for your time.
    Tim Radle
    440.413.4760