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Comment for Proposed Rule 75 FR 3281

  • From: Brian Lawrence
    Organization(s):

    Comment No: 6397
    Date: 3/6/2010

    Comment Text:

    i0-001
    COMMENT
    CL- 06397
    From:
    Sent:
    To:
    Subject:
    brianslaw
    Saturday, March 6, 2010 2:59 PM
    secretary
    RIN 3038-AC61
    To whom it may concern:
    I am not in favor with the "Regulation of Retail Forex" proposed leverage changes that are currently being discussed. The
    10:1 leverage (10%) Margin requirement $10,000 is totally unacceptable. I urge you not to adopt the proposed change.
    Doing so would have serious negative impacts to independent forex traders.
    See RIN 3038-AC61.
    Sincerely,
    Brian Lawrence