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Comment for Proposed Rule 75 FR 3281

  • From: Dan Juliette
    Organization(s):

    Comment No: 64
    Date: 1/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00064
    From:
    Sent:
    To:
    Subject:
    Dan Juliette
    Friday, January 15, 2010 10:24 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    To Whom it May Concern,
    The proposed cap on leverage to 10:1 would only have the effect of harming the individual trader and would not have a
    significant effect on larger trading firms. Furthermore all this proposal would accomplish is force small investors to close their
    US trading accounts and move them to foreign firms.
    Dan Juliette