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Comment for Proposed Rule 75 FR 3281

  • From: forex1cox
    Organization(s):

    Comment No: 8004
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08004
    From:
    Sent:
    To:
    Subject:
    forexl @cox.net
    Tuesday, March 16, 2010 4:59 PM
    secretary
    Regulation of Retail Forex
    I respect your duties at CFTC, in general, I support CFTC policies. I do not agree with the plan to reduce forex
    leverage to 10:1 . This would prohibit small independent traders from trading in the forex exchange because of the $
    10,000.00 minimum account balance. I am a independent forex trader. Independent entreneurship is one of the economic
    foundational pillars of our country. As stated earlier, I support, your efforts, just not the reduction of leverage clause,
    RIN3038-AC61. Thank you for your consideration in this matter.