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Comment for Proposed Rule 75 FR 3281

  • From: Fay Ferris
    Organization(s):

    Comment No: 6635
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06635
    From:
    Sent:
    To:
    Subject:
    Fay Ferris
    Monday, March 8, 2010 11:43 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    It is with great disappointment in the proposed changes to leverage the retail forex market (RIN 3038-
    AC61) that I write to you.
    I agree with Gary Tilkin when he says "We believe that these proposed regulations will so significantly
    change the leverage factor as to eliminate the forex trading opportunity for many individual traders".
    Changing these regulations as proposed would destroy the opportunity that many have worked hard to
    create for themselves. This regulation seems unnecessary and punitive. Please do not allow these new
    regulations to pass.
    Sincerely,
    F Ferris