Comment Text:
i0-001
COMMENT
CL-07488
From:
Sent:
To:
Cc:
Subject:
Abbas Hamidi
Sunday, March 14, 2010 2:30 PM
secretary < secreta ry@ C FTC. g ov >
cftcfeed back@ fxd d. corn
Re: RIN 3038-AC61
Dear Mr. Stawick,
I am writing you in reference to the new regulation regarding forex trading. The proposed
change, leverage from 100:1 to 10:1 will affect many traders. You will be hurting thousands of
traders, if not more. Many of us go into trading with only a couple of thousand dollars. If you go
through with the new proposal, you will be taking all of us out of trading. I strongly suggest you
reconsider this proposal for the sake of your fellow citizens and human beings.
A lot of us are trying to cultivate and grow a business and with the new ruling, you are in effect
closing many small businesses. So please reconsider what you are doing and stop going through
with new rule.
Sincerely,
Abbas Hamidi
Forex Trader