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Comment for Proposed Rule 75 FR 3281

  • From: Matt Bentley
    Organization(s):

    Comment No: 8090
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08090
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, March 16, 2010 11:24 PM
    secretary
    Regulation of Retail Forex
    Dear Sir of Ma'am:
    I respectfully wish to critisize the proposed regulation of the Forex market. Reducing the leverage to 10:1 will
    simply drive off wealthy forex traders to foreign countries and close up forex brokers in the united states. In short
    this will only deprive small investors the opportunity of forex trading and deprive the government of tax revenues
    for the wealthy traders who leave the country. Just to let you know where I am coming from I am laborer at a
    hospital and I make about 40,000 a year, and I also trade forex to try and make a better living for myself. Thank
    you for your time.
    Very Respectfully,
    Matt Bentley