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Comment for Proposed Rule 75 FR 3281

  • From: Dan Foster
    Organization(s):

    Comment No: 7204
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07204
    From:
    Sent:
    To:
    Cc:
    Subject:
    Dan Foster
    Saturday, March 13, 2010 7:41 AM
    secretary
    Dan Foster
    Regulation of Retail Forex RIN 3038-AC61
    To: David Stawick
    Dear Sir,
    I have been studying trading the forex market for over 4 years now. I am now getting to the point where I
    am trading live, and believe I can make a living trading. I believe that if the leverage requirements in the
    forex market are changed, it could drastically change the whole forex market. I am writing to ask you to
    please not change the regulations. The other markets have high leverage allowed, so why shouldn't the
    forex market be allowed to have it? Please leave things as they are ............. otherwise all of my studying
    for the past 4 years may have been in vain, and a lot of other traders around the country may be forced
    out of the market.
    Thank you for your consideration.
    Dan Foster
    Eaton, Colorado