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Comment for Proposed Rule 75 FR 3281

  • From: Peter Gary
    Organization(s):

    Comment No: 6954
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06954
    From:
    Sent:
    To:
    Cc:
    Subject:
    Paul
    Friday, March 12, 2010 7:57 PM
    secretary
    [email protected]
    'Regulation of Retail Forex'
    To whom it may concern
    RIN 3038-AC61 limiting Forex traders to a leverage of only 10:1 will cause me to close my 5 Forex
    account based in the US
    and move them outside the reach of CFTC
    The leverage should be 200:1 at a minimum
    My little trading will not affect a 3 trillion day trading market
    PS:
    The last change of FIFO trades damaging enough., why does government always screw thing up
    when they think they are helping???
    Thank You
    Peter Gary