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Comment for Proposed Rule 75 FR 3281

  • From: Dennis C Warr
    Organization(s):

    Comment No: 6630
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06630
    From:
    Sent:
    To:
    Subject:
    Dennis Warr <[email protected]>
    Monday, March 8, 2010 10:45 PM
    secretary
    Regulation of Retail Forex
    To whom it may concern:
    I would like to categorically state that I am opposed to the new leverage regulation that you propose to
    impose on Forex trading. This will effectively close the door to my participation in the forex market. I
    have read your statements and I strongly disagree with your reasoning. It is actually
    more risky to trade
    under the new proposal and the rewards almost nonexistent. The only reason I can see for this decision
    is for the big boys to be bigger. Come on. I know I have a very minuscule vote but have a sense of fair
    play. The big boys will always get their dough. Let us have a piece of the pie, too.
    Sincerely,
    Dennis C Warr, retail Forex trader