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Comment for Proposed Rule 75 FR 3281

  • From: Terry Earley
    Organization(s):

    Comment No: 7852
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07852
    From:
    Sent:
    To:
    Subject:
    Terry Earley
    Tuesday, March 16, 2010 12:24 PM
    secretary
    Regulation of Retail Forex -leverage rule change objection
    RIN 3038-AC61
    I must add my voice to the many others objecting to the proposed leverage rule change for retail forex
    traders. I am afraid that my forex trading will have to move overseas in order to compete.
    Although it would make my trading more complicated, I would be forced to do so. I heartily agree that
    the forex spot market needs more strict control, particularly of brokers. I was one of thousands who lost
    money to the Refco bankruptcy. Please continue your increased vigilance against unscrupulous brokers,
    but allow the retail traders to operate in this country.
    Terry Earley
    [email protected]
    801 706 7470
    Blog: http ://earleynews.blogspot.com/
    Goodreads Page: http ://www. goodreads, com/review/li st/2105531