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Comment for Proposed Rule 75 FR 3281

  • From: Mickeyt822
    Organization(s):

    Comment No: 6929
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06929
    From:
    Sent:
    To:
    Cc:
    Subject:
    [email protected]
    Friday, March 12, 2010 7:41 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    ID: RIN 3038-AC61
    Please reconsider your position on reducing leverage in the retail Forex market. Taking your proposed action will
    have the effect of driving the retail investor from the market, this would mostly effect small investors, thus taking
    away an option for them. Any action that reduces the breadth of participants will only create a less efficient
    market, and that translates into less efficient prices.
    Please leave this as an option for small investors to enjoy, otherwise it will be an institutional market only.
    Thank you