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Comment for Proposed Rule 75 FR 3281

  • From: Curtis Wimberly
    Organization(s):

    Comment No: 7365
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07365
    From:
    Sent:
    To:
    Subject:
    curtis wimberly
    Saturday, March 13, 2010 4:14 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Dear sir,
    The purposed change of lowering leverage has been put into place before. Clearly the answer lays
    with the broker. The problem has already been addressed. A broker must offer mini accounts to all
    new account holders. Once the account begins to grow then the customer may graduate to a
    standard lot account. Established standard lot accounts would remain the same. Very little changes
    would have to be put into place.
    I am strongly against lowering the leverage. Forex is my livelyhood. This move would create a
    hardship on my family, and would jeopardize my near future retirement plans. Iam over sixty
    years old and considered to old for todays job market in my field.
    Vote no for regulation RIN
    3038-AC61.
    Respectfully, Curtis Wimberly.
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