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Comment for Proposed Rule 75 FR 3281

  • From: Aaron Eggleston
    Organization(s):

    Comment No: 7419
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07419
    From:
    Sent:
    To:
    Subject:
    aaron eggleston
    Saturday, March 13, 2010 11:50 PM
    secretary
    regulation of retail forex
    RIN 3038-AC61.
    Dear Mr. Stawick,
    As a beginning trader I have researched various markets that would allow someone with a small amount of capital to get
    started and become familiar with investing and trading. I recently decided on the forex market because of the low minimums
    and excellent leverage available. The proposed leverage regulation of 10:1 would effectively pinch me, and many others I
    suppose, out of this market. Is that the goal of this regulation? I hope that it is not.
    Please do not take this opportunity away from me. I only wish for a chance to make an improvement in
    my life by doing what I can on a limited budget.
    Thank you for listening to my input and reconsidering this regulatory change,
    Aaron Eggleston.