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Comment for Proposed Rule 75 FR 3281

  • From: Bob Hume
    Organization(s):

    Comment No: 6384
    Date: 3/6/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06384
    From:
    Sent:
    To:
    Subject:
    Bob Hume
    Saturday, March 6, 2010 12:04 PM
    secretary
    Regulation of Retail Forex
    Ref: RIN 3038-AC61
    Please reconsider the proposed leverage change from 100:1 to 10: 1. I just recently began learning to trade after
    my job was eliminated. I am in a situation where I have to learn this craft because I am too young to retire but to
    old to hire .... I am 57 years old. This has to work for me and leverage change would be devastating. I am not one
    of the wall street fat cats. My home for the past 18 years is on the market for sale because I can no longer make
    the payments. If the implementation of the leverage change is enacted I will be at a dead end.
    Truly,
    Bob Hume