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Comment for Proposed Rule 75 FR 3281

  • From: Barry O'Conner
    Organization(s):

    Comment No: 7293
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07293
    From:
    Sent:
    To:
    Subject:
    Oakie5th
    Saturday, March 13, 2010 11:25 AM
    secretary
    Regulation of Retail Forex to change leverage to 10:1
    As an independent trader who makes additional income trading the Forex market I strongly object to this change
    in leverage. It would in effect prohibit me and most retail traders from trading the forex market. In these difficult
    economic times, it is very difficutl to find ways to create income. It appears that it is your objective to drive retail
    traders from the market. I hope this is not the case. Please do not change the current leverage structure.
    Thank you,
    Barry O'Connor
    West Berlin, NJ 08091