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Comment for Proposed Rule 75 FR 3281

  • From: Clay Smith
    Organization(s):

    Comment No: 7310
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07310
    From:
    Sent:
    To:
    Cc:
    Subject:
    [email protected]
    Saturday, March 13, 2010 11:53 AM
    secretary
    [email protected]
    regulation of retail forex
    Please reconsider your proposed regulation of the retail forex market, specifically the "10:1 leverage limitation" for
    forex customers. All of us small guys are trying to earn extra income, to make up for our losses in the stock
    market, and, subsequently, our retirement funds. It is not the small guy's fault that the stock market's gyrations
    have caused so much problems to everyone's retirement portfolios. This sort of regulation would be more of a
    punishment to us, than a help.
    PLEASE DON'T REGULATE ON US!
    Thank you for your consideration of this request.
    Sincerely,
    Clay Smith