Comment Text:
i0-001
COMMENT
CL-07214
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[email protected]
Saturday, March 13, 2010 8:09 AM
secretary
Public Submission for 2010-00456
Public Submission for 2010-00456.zip
Please refer to the attached file.Please Do Not Reply This Email.
Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
Intermediaries:
Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
FR Document Number: 2010-00456
Legacy Document ID:
RIN: null
Publish Date: Wed Jan 20 00:00:00 EST 2010
Submitter Info:
first name William
last name Donelson
address1 P.O. Box 3024
city Littleton
country United States
us state CO
zip 80161
company
I am opposed to the proposed reduction of leverage in US Forex trading to 10:1?1 believe this
would:
-destroy US financial firms business and lead to loss of thousands of jobs during the worst
economy in decades
-lead to the losses of tens of thousands of additional jobs in a very tenuous economy. In
addition, it would imperil the financial health of tens of thousands of traders and their families.
-have the opposite effect of that intended; it would remove access of investors to the retail
markets, and give larger institutions more and more control of the market.
