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Comment for Proposed Rule 75 FR 3281

  • From: James Anderson
    Organization(s):

    Comment No: 6443
    Date: 3/7/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06443
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, March 7, 2010 12:38 AM
    secretary
    Regulation of Retail Forex
    To Mr. David Stawick, Secretary
    Commodity Futures Trading Commission
    From; James Anderson
    Retail Forex Investor
    The possible changes proposed in RIN 3038-AC61would be devastating and would bankrupt my family. I have physical limitations
    that prevent me from working outside the home. Retail Forex is the only way I can make a living. All other forms of investing are fine for
    the long term but to make enough to pay our monthly bills there are very few options. Every broker / dealer I have dealt with require a
    review of my finances to prove my risks do not exceed my means. The possible change to the Maximum Leverage would bankrupt us.
    The account size required with less leverage would prevent virtually every small investor from investing in Forex.
    PLEASE DO NOT PUT MYSELF AND MY FAMILY IN THIS POSITION.