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Comment for Proposed Rule 75 FR 3281

  • From: Luis Mendez
    Organization(s):

    Comment No: 781
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00781
    From:
    Sent:
    To:
    Subject:
    Luis Mendez
    Tuesday, January 19, 2010 6:20 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    Hi:
    I feel that imposing onerous regulations is counterproductive in the marketplace. I am against
    restricting leverage to 10-to-1. If this new rule passes it will dramatically raise the barrier of entry
    for new traders. Margin requirements will be raised making it difficult for new traders to get started
    with minimal capital.
    I would like to voice my concern against the proposal.
    Thank you;
    Dr. Luis M4ndez
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