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Comment for Proposed Rule 75 FR 3281

  • From: Paul Platis
    Organization(s):

    Comment No: 8008
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08008
    From:
    Sent:
    To:
    Subject:
    Paul Platis
    Tuesday, March 16, 2010 5:10 PM
    secretary
    'Regulation of Retail Forex'
    Dear Sir,
    I have been inform by numerous fellow forex traders like myself about the 10:1 leverage limitations being
    proposed by the CFTC. I am not in favor of this regulation as it would eliminate small active traders as myself
    and those others who are now learning and enjoying the trading environment. It takes time and money not
    only to fund an account but to learn and education oneself in the rigors of forex trading. I've been a forex
    trader for over 5 years. Please don't make it more difficult for the small independent trader to make it in this
    new and exciting market.
    Sincerely Yours,
    Paul Platis