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Comment for Proposed Rule 75 FR 3281

  • From: Robert Gube-Zitrin
    Organization(s):

    Comment No: 8450
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08450
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, March 18, 2010 8:57 AM
    secretary
    DONT CHANGE THE LEVERAGE REQUIREMENTS!
    To whom it may concern,
    I am a full time forex trader. I am successful at what I do and do not want you to change the leverage to 10 to 1.
    If you do this many or even most of the people trading forex will no longer be able to trade. Many will switch to
    offshore accounts where there is zero regulation and instead of their being protected more, you will have
    pushed them into a situation of extreme high risk.
    We dont need more regulation. No changes in leverage. No first in first out requirements. No restrictions on
    hedging
    Thank you,
    Robert Gube-Zitrin
    RIN 3038-AC61