Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Stephen Cooney
    Organization(s):

    Comment No: 6921
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06921
    From:
    Sent:
    To:
    Cc:
    Subject:
    Stephen COONEY
    Friday, March 12, 2010 7:34 PM
    secreta ry < secreta ry@ C FTC. g ov >
    cftcfeed ba ck@ fxd d. corn
    'Regulation of Retail Forex'
    Mr Secretary,
    Regarding limiting the leverage in retail Forex customer accounts in the USA to a 10-to-1, (RIN
    3038-AC61), I believe it would be another bad mistake for the free enterprise system in America
    and would only force most US forex traders to look off-shore for Trading companies outside your
    jurisdiction ......... and stifle yet another part of the US economy by forcing many US based trading
    houses to close thier doors.
    Sincerely
    Stephen Cooney
    Forex trader