Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: L Atteres
    Organization(s):

    Comment No: 7486
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07486
    From:
    Sent:
    To:
    Subject:
    rnbg 105 @aol. com
    Sunday, March 14, 2010 2:21 PM
    secretary
    'Regulation of Retail Forex'
    To whom it may concern,
    Reducing leverage to 10:1 is seriously a bad idea unless you are trying to kill the retail spot forex trading business
    in the U.S.
    We are all respsonsible for our own losses we do not need government to protect us from ourselves.However if
    you are inclined to protect us then a better use of your regulatory power would be to suggest regulations that
    affect banks and hedge funds who are obviously out of control.Leave the little guy alone we have enough
    obstacles to deal with. RIN 3038-AC61. is a bad idea.
    Sincerely,
    L.Atteres