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Comment for Proposed Rule 75 FR 3281

  • From: Howard Prestidge
    Organization(s):

    Comment No: 6531
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06531
    From:
    Sent:
    To:
    Subject:
    Howard Prestidge
    Monday, March 8, 2010 10:26 AM
    secretary
    Regulation of Retail Forex: RIN 3038-AC61
    I don't know the reasoning behind the proposal to limit leverage to 1:10 but I strongly disagree with the change. I feel it
    would make it nearly impossible for small (less than $10,000) traders to participate in the Forex Market. If the change goes
    through I like most other small investors would be forced to find an alternative offshore.
    Sincerely,
    Howard Prestidge
    Email: [email protected]
    Tel:
    949-395-9000
    Fax: 949-481-4617