Comment Text:
i0-001
COMMENT
CL-06537
From:
Sent:
To:
Subject:
Linda Ledger
Monday, March 8, 2010 1:25 PM
secretary
Regulation of Retail forex
Re: RIN 3038-AC61
I am writing this email to express my concern and "DEFINITE" disagreement with the proposed
leverage change of 10:1 in retail forex accounts. I have been trading sucessfully for about 3 yrs. I am
almost 60yrs of age and am using this avenue to supplement my retirement. The typical retirement
progams here in the US are very slow growing and along with Social Security still does not offer me
enough income to survive after age 65. I have found Forex to be my only successful option.
If the leverage is increased it will make it almost impossible for me and others in my position to
continue to trade and make any kind of a decent income stream to provide for our future retirement
without having thousands of dollars at our disposal to safefly trade without a lot of risk. Again it will
be an opportunity only for the wealthy and the BANKS to profit. Please do not make this change! I
think it will be a doomsday situation for those of us who are not "wealthy" but can make a decent
income from trading forex.
Linda Ledger...Georgia
A Concerned Trader
