Comment Text:
i0-001
COMMENT
CL-06940
From:
Sent:
To:
Subject:
Paul Sloop
Friday, March 12, 2010 7:48 PM
secretary
Regulation of Retail Forex - Forex Leverage Rules
To Whom It May Concern,
I am strongly opposed to any changes in the current Forex leveraging requirements as proposed in
RIN 3038-AC61.. I have worked for years to learn how to appropriately trade in these markets and the
changes being considered would have dire consequences on my business and my families financial
future. It seems unfair in every conceivable way to once again punish those who have not reached a
status of wealth that would allow us to overcome these possible changes. It seems quite ridiculous that
every time we get a new rule that is designed to protect our economy and the working class citizens of
our nation, that the opposite is what occurs. Banking and credit card changes have created higher fees,
much higher interest rates, and less access to needed capital for the working class while not affecting
those with greater means, but the new laws were designed for who? The working class we are told.
Please don't fall prey to this ridiculous political notion and allow those of us who aren't exactly wealthy
to continue to trade and compete in these markets. Fair is fair and this will not in any way be fair.
Respectfully,
Paul L. Sloop, Jr.
9492 Timberidge Ct.
Mentor, OH 44060