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Comment for Proposed Rule 75 FR 3281

  • From: Matt Peters
    Organization(s):

    Comment No: 6225
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06225
    From:
    Sent:
    To:
    Subject:
    Matt Peters
    Friday, March 5, 2010 12:59 PM
    secretary
    'Regulation of Retail Forex'
    Sirs,
    The proposed 'Regulation of Retail Forex' RIN 3038-AC61 which modifies the current 100:1 leverage
    to 10:1 should be reconsidered. The unattended consequences would virtually destroy an industry by
    the dramatic reduction in the qualifed retail customer base.
    It may seem to reasonable with a sterile analysis, but real world evidence compels reconsideration.
    Respectfully,
    Matt Peters
    Mount Juliet, TN 37122