Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Brent Taylor
    Organization(s):

    Comment No: 7403
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07403
    From:
    Sent:
    To:
    Cc:
    Subject:
    Brent Taylor
    Saturday, March 13, 2010 9:20 PM
    secretary
    [email protected]
    Regulation of Retail Forex OBJECTION
    Dear Secretary,
    RIN 3038-AC61
    I strongly object to the proposed changes to retail Forex trading regarding leverage of 10: 1.
    This potential change will adversely affect the retail market and exclude large numbers of traders from their
    rightful participation.
    The change is radical. It is unfair to the small trader who had really no part in the financial meltdown. It is the
    large institutions whom your restrictions should be placed and focused.
    Thank you
    Brent Taylor
    P.O. Box 292 Yelm, WA 98597
    Phone/Fax: (360) 894-1635