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Comment for Proposed Rule 75 FR 3281

  • From: Richard Maccini
    Organization(s):

    Comment No: 6801
    Date: 3/11/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06801
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, March 11, 2010 9:56 PM
    secretary
    Regulation of Retail Forex 3038-AC61
    Mr. Stawick,
    I'm concerned with the regulation of retail Forex 3038-AC61. Changing the leverage to 10-1 would make it
    difficult for a smaller investor like myself to invest any money in the spot currency market. This would force
    me to send my money out of the country along with many others. I believe this would be a huge mistake and
    I'm against this change. I encourage you to re think this regulation and leave the leverage at 100-1.
    Regards,
    Richard Maccini
    40 Lake Shore Drive South
    Westford, MA 01886