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Comment for Proposed Rule 75 FR 3281

  • From: Michael Alexander
    Organization(s):

    Comment No: 8493
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08493
    From:
    Sent:
    To:
    Subject:
    Michael Alexander
    Thursday, March
    18, 2010
    12:26 PM
    secretary
    Forex leverage rule changes
    It is my opinion that the proposed rule chnges regarding leverage in the forex trading account are
    unnecessary and unfair. Reguiring a 10 to 1 leverage will virtually eliminate the small private
    investor form participating in this market.
    All you will accomplish is force investors to use foreign brokers and deprive US brokers from their
    income and US investors the ability to work with a US company.
    Mike Alexander
    114 N Bent St
    Powell WY 82435
    307-754-9285