Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Tim Weiler
    Organization(s):
    LendingTree Loans

    Comment No: 6866
    Date: 3/12/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06866
    From:
    Sent:
    To:
    Cc:
    Subject:
    Weiler, Tim
    Friday, March 12, 2010 6:47 PM
    secretary
    '[email protected]'
    'Regulation of Retail Forex' RIN 3038-AC61.
    Hi there,
    I would like to object to the proposed change in the leverage of Forex Accounts. As a smaller investor in Forex,
    the new regulations would effectively wipe out my ability to enjoy the rewards I am afforded by being able to
    invest in multiple markets. While I can understand that limiting the leverage ratios might protect some
    consumers, it is those consumers who shouldn't be investing in Forex or any other commodity with money that
    they cannot afford to lose.
    Thank you.
    Tim Weiler
    Chief Credit Policy Officer
    LendingTree Loans
    163 Technology Drive
    Irvine, CA 92618
    [email protected]
    p: 888.866.1212 x.3188 f: 949.885.3288
    Exceptional customer service is our number one priority at LendingTree Loans. If at anytime you feel you're not receiving this
    level of service, please feel free to contact my supervisor, Rebecca Barton at 888.866.1212 x.3105 or by email:
    [email protected]
    You may also contact our Customer Excellence Team at 888.369.0001 or by email:
    [email protected]
    This message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any
    unauthorized review, use, disclosure, or distribution is prohibited. If you are not the intended recipient, please contact the
    sender by reply email and destroy all copies of the original message.