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Comment for Proposed Rule 75 FR 3281

  • From: Joel Jacobson
    Organization(s):

    Comment No: 6256
    Date: 3/5/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06256
    From:
    Sent:
    To:
    Subject:
    Joel Jacobson
    Friday, March 5, 2010 2:54 PM
    secretary
    PROPOSED RULE CHANGES
    This idea is awful. It does the average investor like myself no good whatsoever. You are punishing an
    idustry that does not deserve to be punished, and not really protecting the investor at all.
    It's my choice as to how much I want to risk for investment purposes. You will see investors leave the
    forex markets in droves if the levearage rule change goes through. Me being one of them. I will take
    my businiess to a European broker, or I will leave Forex and trade stocks, futures, options, ett~s, emini's.
    Whatever instrument I choose, but it won't be Forex.
    Don't ruin a good thing by chaning the rules.
    Regards,
    Joel Jacobson
    Forex (and hopefully will still be) Investor