Comment Text:
i0-001
COMMENT
CL-08599
From:
Sent:
To:
Subject:
dave jackson
Friday, March 19, 2010 11:42 AM
secretary
REGULATION OF RETAIL FOREX
RIN 3038-AC61
I OBJECT TO THE REDUCTION IN LEVERAGE IN THE FOREX MARKETS. IT IS HARD ENOUGH TO MAKE A LI-I-I-LE
MONEY NOW IN THE MARKETS. IT WILL BE IMPOSSIBLE FOR THE MANY SMALL TRADERS LIKE ME, TO EVEN
TRADE IF THIS HAPPENS.
MOST ALL OF US DO NOT HAVE THAT MUCH MONEY TO PUT DOWN FOR EACH TRADE, THE HIGH LEVERAGE IS
THE ONLY WAY WE CAN MAKE A LI-I-I-LE MONEY.
MY MANUFACTURING JOB WENT TO MEXICO IN 2001.
I'VE LOST 3 OTHER JOBS SINCE AND IT IS A STRUGGLE TO FIND A JOB AND JUST TO SURVIVE IN THIS
ECONOMY.
I AM UNEMPLOYED RIGHT NOW AND CAN'T FIND A JOB. THE ONLY HOPE FOR ME AND MY FAMILY IS TO TRADE
THE FOREX.
IF THIS LEVERAGE REDUCTION TAKES PLACE IT WILL KILL ME AND THOUSANDS OF OTHER SMALL TRADERS LIKE
ME TRYING TO MAKE A LI-I-I-LE EXTRA MONEY TO SUPPORT THEIR FAMILIES.
PLEASE PLEASE STOP IT, DON'T LET THIS HAPPEN, WE DEPEND ON THIS HIGH LEVERAGE FOR SURVIVAL.
THANK YOU, DAVE.
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