Comment for Proposed Rule 75 FR 3281
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From:
Bryan Heath
Organization(s):
Comment No:
746
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00746
From:
Sent:
To:
Subject:
Bryan Heath
Tuesday, January 19, 2010 5:18 PM
secretary
Retial Forex regulation
I am writing to strongly disagree with the proposed 10 to 1 leverage proposal. This will be
extremely damaging to the retail forex industry and will handicap retail traders who wish to
enter the forex market.
If the margin requirements are reduced to 10 to 1 the result will be a move by most retail
investors to accounts outside the United States.
I do, however, support your other proposals to regulate the forex industry.
Sincerely,
Bryan Heath
818 209-6467
